CARM Release 2 will usher in several changes to the CBSA billing cycle. Under CARM, the Commercial Accounting Declaration will be required to be submitted to CBSA within five business days of the release of the goods for both High-Value and Low-Value shipments. High-Value shipments are shipments valued at over $3300 CAD. Low-Value shipments are…
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The Canada Border Services Agency (CBSA) Assessment and Revenue Management (otherwise know as CARM) is a large multi-year project which started in 2016 with the Accounts Receivable Ledger (ARL). With release 2 of CARM, changes will be made to ARL. What Is ARL? ARL changed the way importers or their customs brokers were able to…
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Many Canadian importers have questions about the financial changes coming over the next year, and King Bros is here to help. Two of the biggest changes that will be ushered in by CARM Release 2 in Spring 2022 will be the mandatory use of the CARM Client Portal (CCP), and the transferring of financial liability…
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What is CARM? 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 the own security rather than using security provided by their customs broker. CARM is being introduced in two stages, in…
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– The staff at King Bros. was professional, speedy and super friendly! I had no clue what I was doing with my first shipment and they were able to take care of me at the last minute. I would not hesitate to use them again in a heart beat. Thank you very much, top notch!
Stacie Wilson– I had the distinct pleasure of working with Simon at King Bros to import a new sailing yacht from the UK, and a follow on shipment of other warranty items to complete it. This was a high value and complex shipment with multiple carriers, time zones, clearances and all mid-winter during COVID. King Bros. made the process almost effortless for me, guiding me through every step carefully, keeping me fully informed and responding to my requests very promptly. I have rarely been able to give such an unequivocally enthusiastic review of a service business, or any business, than this. Bravo!
Vincent Argiro
King Bros. Limited provides a very professional and seamless service to our business, helping us by taking care of all of our requirements for incoming shipments. They ensure the process of getting our containers from Indonesia to Victoria is smooth, dealing with everything from all the required legal documentation, Customs clearance and the timely transfer of our container from the port of arrival
Tony & Karen Martin
King Bros has become an indispensable partner to my business over the years by both simplifying and expediting the import process through efficient Customs clearance and timely delivery from the port of Vancouver. King Bros. Limited provides a consistent, professional, and personal level of service.
Robin Elworthy
We have been using King Bros for forever. Ok, maybe not forever, but a really long time. Definitely experts in their field, they have handled our business with seamless precision. With King Bros at the helm of our brokerage needs, we have been able to comfortably explore new and exciting sourcing options, giving us the capability to better serve our clients. Recommending them is a no-brainer!
Chris Dobell & Lorne Mearns
