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Canada Bike makers: 48% Duty on All Imports

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NEWMARKET, Canada (Feb 22) – The Canadian Bicycle Manufacturers Association (CBMA) wants to have imposed 48% duty on all bikes that are being imported into the country. The bike makers have requested for such a ‘global safeguard action’ at the Canadian International Trade Tribunal (CITT) covering all imports of bicycles, regardless of price or country […]

NEWMARKET, Canada (Feb 22) – The Canadian Bicycle Manufacturers Association (CBMA) wants to have imposed 48% duty on all bikes that are being imported into the country. The bike makers have requested for such a ‘global safeguard action’ at the Canadian International Trade Tribunal (CITT) covering all imports of bicycles, regardless of price or country of origin. In this complaint the CBMA alleges that bicycles are being imported in such increased quantities and at prices that threaten to cause serious injury to the domestic producers. The CBMA further alleges that there is a high degree of substitutability between domestic and imported products, and that price is the single most important determining factor in purchase decisions of mass merchants, buying groups, and independent bicycle dealers. In this global safeguard complaint the CBMA is requesting a tariff of 48% be placed on all bicycles and a quota limiting import quantity to 1997 volumes. The CITT has decided to commence an inquiry into the complaint.

Each person wishing to participate in the tribunal’s inquiry as a party must file a notice of participation with the Secretary on or before the March 1, 2005 deadline. Failure to do this will automatically exclude your opinion. To ensure they have a comprehensive cross-section of the bicycle market the CITT will be issuing a questionnaire on February 24, 2005 to manufacturers, importers, foreign manufacturers, buying groups and retailers. This questionnaire will be available at the CITT web site and must be completed by March 17, 2005. More information can be found at http://www.citt-tcce.gc.ca/new/index_e.asp

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