‘ CARM’ Category

CARM – A Mandatory New System

The siren song of CARM has been reverberating throughout the importing community for many, many months and it is now reaching its crescendo. CARM will launch on May 13th 2024 – just a few short weeks away. CBSA, customs brokers, and other trade chain partners have relentlessly been trying to spread the message and significance…

Read More

CARM is Coming – Are you Ready?

Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) is a new system for providing financial security for goods being imported into Canada. Under CARM, importers will be responsible for providing their own security rather than using security provided by their customs broker. We recommend that all importers ensure they are registered on the…

Read More

CARM Update…

In May 2021, CARM Release 1 went live and it was announced that Release 2 was scheduled for May 2022. Importers were advised that they had one year to change over to the CARM system fully, and customs brokers began preparing to help their clients transition and secure surety bonds. Seminars were held, blogs were…

Read More

How to set up a CARM Client Portal

STEP 1: GATHER INFORMATION You will need your business number and RM reference number to set up a CARM business account. If you are a new importer, you can obtain an RM reference number by calling the Canada Revenue Agency at 1-800-959-5525 and giving them your business number. If you do not have a business…

Read More