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CARM: What all importers need to know about CARM

Terminology

L

LVS, Low-Value Shipment Program

A Canada Customs program to speed up the release process for commercial imports by approved carriers valued at less than $3,300.00 CAD. Note: The LVS threshold was increased from $2,500.00 CAD to $3,300.00 CAD on July 1st, 2020 (when NAFTA was replaced by CUSMA/USMCA/T-MEC).

Quick Tip #43
Avoid overspending on transportation when it is not necessary

Determine what service level you need to meet your transit time and delivery targets. Match your needs to the appropriate mode of transport and you can cut costs.

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