Yes, the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) program is mandatory for all importers of record in Canada. CARM became mandatory on October 21, 2024.
What is CARM?
- CARM is an electronic customs platform that modernizes how goods are imported into Canada.
- CARM is the official system for managing and assessing duty and customs fees.
- CARM will help companies control payments, improve transparency, and reduce the risk of underpayments.
What Do I Need to Do?
- To use CARM, you must register your company in the CARM Client Portal (CCP).
- You may need to post financial security, such as a surety bond or cash deposit.
- You can delegate access to your customs broker in the CCP.
What Happens If I Don’t Comply?
- If you don’t comply with CARM, you may not be able to bring goods into Canada.
- If you don’t register for CARM, you may not be able to get the release of all your imported goods.
Argo Customs Broker is at Your Service Regarding This Update
Argo Customs Brokers is here to help you navigate the CARM program and ensure your business remains compliant. We offer expert guidance in registering your business in the CARM Client Portal, posting any necessary financial security, and delegating authority to your customs broker for seamless transaction management.
Our team is committed to helping you with the CARM transition to minimize disruptions and keep your business running smoothly. Contact Argo Customs Brokers today to ensure your import process is efficient and compliant.