It's About 500 miles from New York City to Toronto, but it can take as long as two weeks to complete deliveries. In fact, for many U.S. businesses, deliveries to and across Canada take significantly longer than those in the states.

Economic experts have warned for years about the dangers of rising corporate, personal and government debt. Combined with the coronavirus pandemic, is this what will cause the next recession?

Here's what it takes to successfully import and export — and a checklist to audit your current trade compliance program.