Importing goods into Canada? It’s time to prepare for CARM

In Economics & International Trade by CECAdmin

In May 2021, the Canada Border Services Agency (CBSA) introduced the first of two phases of a digital initiative that transforms the collection of duties and taxes for goods imported into Canada.

This initiative, called CBSA Assessment and Revenue Management (CARM), provides much-needed modernization to the reporting of customs information by importers, the payment of duties and taxes, and the availability of import information online via a self-service online portal, called the CARM Client Portal (CCP).

Phase 1 of CARM launched on May 25, 2021 and Phase 2 of CARM is being delayed until at least January 2023.  All importers—both Canadian residents and non-residents—are required to be registered on the CCP to import goods into Canada once CARM is fully implemented.

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