We’ve posted multiple updates on CARM’s implementation, and now (after several delays) the CBSA’s modernization efforts are finally coming into full force.
For background: The Canada Border Services Agency (CBSA) embarked on an Assessment and Revenue Management initiative (CARM) to relieve the ‘paper burden’ from importers and brokers and require importers to deal directly with the CBSA on financial matters. CARM’s first release (back in May 2021) launched its self-serve client portal to facilitate accounting and revenue management processes with the CBSA. CARM’s originally-scheduled launch was scrubbed last year, and pushed to October 21, 2024 – the day it becomes the official means of working with the CBSA. And that day is this coming Monday.
CARM has benefits and features, including a modern way of importing, self-serve access to information, and consistent compliance with trade rules. It also includes some noteworthy changes, such as a change to the Release Prior to Payment (RPP) program which, when fully implemented, will require importers to post their own minimum bond (rather than rely on their customs broker’s) to clear shipments and receive release prior to accounting, tax, and duty payment.
The CBSA has scheduled webinars and other events to help non-resident importers learn more about CARM and register with the new system. If a customs broker already manages your shipments to Canada, contact your broker for additional direction – and follow this website for future updates.
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