Good news for small businesses that use the low value shipment (LVS) program for North American imports. The Ministers of International Trade and Public Safety along with the United States Department of Homeland Security announced that Canada and the U.S. have increased and harmonized the value thresholds for the LVS to $2,500. This is an increase from the current levels of $1,600 for Canada and $2,000 for the U.S.
Many businesses have problems with their credit card fees or service from time to time. Some issues simply need explanation, others require intervention. Read our tips for resolution.