Emiliano Introcaso

Due diligence process and risk assessment for global success Due diligence is the process of obtaining reliable information to verify the legitimacy and risk profile of potential clients, suppliers or partners. For Canadian exporters, thorough research is essential to avoid financial, legal, or reputational pitfalls when entering new or international markets. As a Canadian exporter, it’s important to take a few smart steps before jumping in.

If you’re a Canadian exporter who’s been selling goods to global markets for more than three years, you undoubtedly remember the paper-based export declaration form. The highly detailed document had to be filled out every time your goods left Canada. But the paper reporting process under the Canadian Automated Export Declaration (CAED) system has been phased out. In its place, the Canada Border Services Agency (CBSA) now makes it mandatory to declare most exports electronically.

With so many products on the market, shopping today can be challenging. To stand out, many brands promote themselves as “green,” sustainable and environmentally responsible. But how can consumers trust these claims? The European Commission has implemented the EU Ecolabel to promote products that have a low environmental impact across their entire lifecycle—from the extraction of raw materials and manufacturing to packaging, usage and disposal or recycling—to highlight a product’s sustainability.