15:59:15 EST Mon 10 Nov 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 14,450,000
Close 2025-11-07 C$ 38.49
Market Cap C$ 556,180,500
Recent Sedar Documents

Globe says Apple, others turning to foreign-trade zones

2025-11-10 08:14 ET - In the News

Also In the News (C-DEER) Deere CDR (CAD Hedged)
Also In the News (C-F) Ford CDR (CAD Hedged)
Also In the News (C-HNDA) Honda CDR (CAD Hedged)
Also In the News (C-TOYM) Toyota CDR (CAD Hedged)
Also In the News (C-XOM) Exxon Mobil CDR (CAD Hedged)

The Globe and Mail reports in its Monday, Nov. 10, edition that Canadian and multinational companies are increasingly turning to federally designated trade regions in the U.S. to navigate American export tariffs. The Globe's Dayne Patterson writes that this strategy can greatly improve their financial health. About 1,300 companies are currently utilizing U.S. foreign-trade zones, which allow them to lease land or buildings for manufacturing or storage. These zones offer advantages over traditional factories. One key benefit is that companies can import goods into these zones without paying tariffs or taxes until the products leave. When goods exit, they pay the tariff rate based on the admission time, and exports back outside the country incur no fees. This strategy provides businesses with greater operational flexibility and opportunities for growth. Data from the International Trade Administration show industry giants including Apple, Deere & Co., ExxonMobil and several automakers have spaces within the trade zones. Few companies The Globe contacted responded to queries about whether they used the zones to assist in managing goods from their Canadian operations.

© 2025 Canjex Publishing Ltd. All rights reserved.