CARM: What all importers need to know about CARM

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Terminology

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NAFTA, North American Free Trade Agreement

A free trade agreement, implemented January 1, 1994, between Canada, the United States and Mexico. NOTE: NAFTA was replaced by CUSMA/USMCA/T-MEC on July 1st, 2020.

Quick Tip #3
How to avoid customs penalties for non-compliance

Sooner or later, your business will be audited by Customs (CBSA) to ensure you have not committed violations that are subject to AMPS (Administrative Monetary Penalty System) penalties.

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