While commercial fraud is a tiny part of the $1.4 billion daily U.S.-Canada trade in goods and services, nonetheless some U.S. exporters to Quebec companies have been victimized in recent months. This report is to inform U.S. companies of the problem, describe some of the questionable actions U.S. exporters should watch out for, and suggest how a U.S. company can best protect itself.

By implementing a solid credit and collection policy as well as verifying the information submitted by potential business partners, U.S. companies can protect themselves from being victims of fraud and suffering huge monetary losses. In most cases of fraud, money and goods are never recovered.

The U.S. Commercial Service also offers a wide range of services that promote U.S. exports and assist U.S. companies find reputable business partners. CS Montreal encourages U.S. suppliers of goods and services to contact us when contemplating doing business with potential partners in Quebec or if they believe they are victims of a commercial fraud in Quebec. We will do our utmost to assist in preventing or resolving a problem.

This report is intended to assist U.S. companies exporting into Quebec. To receive a full copy of this free, please email Sue.Bissi@N0SPAM.mail.doc.gov