‘ CARM’ Category

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…

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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…

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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…

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CARM | What You Need to Know as a New Importer

The process of getting started as a commercial importer can be daunting. If you’re importing commercial goods into Canada for the first time and it feels like you’re jumping head-first into the deep end of the import process, don’t worry! Below, we’ve broken the process down into manageable steps. Here are some action steps: Get…

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