CARM update – All importers must register for CARM… have you?

Although CARM (CBSA Assessment and Revenue Management) Release 2 (scheduled release date of October 2023) might possibly be delayed until May 2024 (pending formal confirmation from Canada Border Services Agency (CBSA)), take the time now to join the other 31,747 importers who have already registered in the CARM Portal and ensure you are able to import once Release 2 comes into effect.

As customs brokers we are used to managing change, especially new CBSA initiated programs. In most cases, we manage these changes behind the scenes. Our clients rightfully expect that we will take care of everything on their behalf – and we do. CARM , however, is one of the first Customs initiatives that absolutely requires importer engagement.

In previous issues of Route we identified the 4 key aspects of registering for CARM (CBSA Assessment and Revenue Management):

IMPORTANT:  All importers to Canada (whether resident or non-resident) must take certain steps – if not, they simply won’t be able to import into Canada once CARM Release 2 comes into effect (scheduled for October 2023).

Universal Logistics will help our clients along the road to CARM to ensure a smooth transition.

Here’s what you need to know to get ready…

1. Identify your company’s Business Account Manager(s) – BAM
2. Register your business in the CARM Client Portal
3. Delegate authority to your customs broker
4. Secure a Release of Goods Bond – Release 2 (scheduled for October 2023)

For more details on CARM and for tips on how to get ready – visit our website – or speak with your Universal Logistics Client Care representative.