TORONTO, Ont. — The Canadian International Freight Forwarders Association says that Bill 179, intended to de-regulate Ontario domiciled load brokers, has become another way for Government to interfere in private sector business.
The act now requires that ‘Money for contract of carriage be held in trust’. It says that: “A person who arranges with an operator to carry the goods of another person, for compensation shall hold any money received in trust for the operator until the money is paid to the operator.”
“Clearly the implications are horrifying and deeply trespass on our freedoms to transact business as we (intermediaries) deem proper. In other words, today it is the load broker, tomorrow the international freight forwarder and other intermediaries,” CIFFA comments in its e-mail news bulletin to members. “Once Government starts to interfere in PRIVATE business transactions, where will it end?”
CIFFA says it is “totally opposed to such ill sought action by any Government body” plans to voice its strong objection to any such undertaking.
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