The Government of Canada announced it has amended the Order that brings into force the final legislative changes for the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) digital initiative.
These legislative amendments, and associated regulations, will now come into force on October 21, 2024. On this day, CARM will be made available to importers and trade chain partners as it will become the official system for the collection of duties and taxes for goods imported into Canada.
CARM launched internally at the CBSA on May 13, as planned.
The CBSA notes that trade chain partners continue to register for the portal, with over 81,000 businesses already onboard. So far, 95% of Canada’s top importers by volume have registered to CARM.
To ease the transition to CARM, all commercial businesses who import goods into Canada are encouraged to register on the CARM Client Portal as soon as possible, ahead of the new coming into force date this fall.