CBSA CARM Kick off Update

• CARM Project: A multi-phase project to modernize the collection of duties and taxes for commercial goods imported into Canada by the CBSA.

• CARM Client Portal: A service tool available to importers and brokers that facilitates accounting and revenue management processes with the CBSA.
• Phased Approach: The initial phase of CARM was launched in May 2021, the second phase will be available for testing in October 2023, and the proposed regulatory amendments will come into force in May 2024.
• Benefits: CARM will help to protect and grow over $750 billion in trade and $30 billion in revenue collected at the border each year by providing Canadian businesses an online self-service tool and simplified importing processes.
  
  

For further details visit Canada Border Services Agency