CARM: What all importers need to know about CARM

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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 #37
Recognize that additional costs in today’s market place may not be avoidable

Incorporate an "allowance" for various surcharges when establishing your costing.

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