CARM, Surety Bonds and Posting Security: What You Need to Know Update.

CARM and Importer Security Bonds One of the biggest changes introduced by the Canada Border Services Agency (CBSA) Assessment And Revenue Management (CARM) is the need for importers to provide their own financial security in order to enjoy Release Prior To Payment Privileges (RPP). RPP allows goods to be released into Canada before the duties…

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CARM thoughts from your friendly Customs Broker.

So we are now three months into the new CARM environment and while progress is slowly being made, there remain innumerable challenges and obstacles to a successful implementation. CARM R3 was not in a functional state to be launched last October, but the voices of reason from almost all corners of the importing community were…

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CARM Launch Delayed until October 2024.

CBSA issued Customs Notice 24-17 on April 26th announcing the unsurprising delay to the CARM R2 launch until October of this year. An exact date will be forthcoming. CBSA has publicly explained the delay as a cautionary approach to expected labour disruptions within the Public Service Alliance of Canada (PSAC) membership this summer. Citing reduced staffing…

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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…

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