CBSA's CARM Project
What Importers Need to Know
Release 2 Update
What Importers need to do
CARM Project Overview
CARM Release 2 Implementation Update
The CBSA Assessment and Revenue Management (CARM) project successfully launched its first two releases in January (Release 0) and May (Release 1) 2021. These releases represent the foundation on which the third release (Release 2) is scheduled in October 2023.
At this time, the CARM Engagement Team does not intend to proceed with the implementation of CARM Release 2 any time before January 2023. The CBSA will continue to consult with their trade chain partners, and communicate information via their working groups and the CARM website.
CBSA's Revised Timeline & How to Prepare for CARM:
May 2021 - CARM Release 1:
The CBSA Assessment and Revenue Management (CARM) project successfully launched Release 1 May 2021.
- Register for the CARM Client Portal. Follow our guide here.
- Designate your Account Manager as well as authorize any third-party providers including your Customs Broker.
- Additional online payment options will include credit card and pre-authorized debit.
- Apply for your Importer Statement of Account (SOA) with Daily Notices (DN).
- Speak to your Customs Broker or surety company for assistance in obtaining a surety bond for Release Prior to Payment privileges. Get help with your release prior to payment bond here.
October 2023 - CARM Release 2:
CARM Release 2 which was targeted for May 2022 has been postponed to no earlier than January 2023.
Frontier is still encouraging all Canadian Importers to onboard CBSA’s CARM Client Portal, as well as delegate authority for your employees and custom broker. Follow our guide here.
- Importers are required to post their own security (customs surety bond or cash deposit) to maintain release prior to payment (RPP) privileges and month-end payment.
- Importers will no longer be able to use their Customs Broker’s RPP security.
- Importers are required to pay Duty, taxes and GST direct to CBSA.
What is CARM?
CARM is a CBSA project to help modernize and streamline accounting, data management systems & payments. This online portal allows for self-service access to trade information & tools and will provided direct payment solutions. Learn more about CBSA’s plan for the CARM project.
"CBSA project to help modernize and streamline accounting, data management systems & payments."
The Background of the CARM Project:
The Canada Border Service Agency (CBSA) is the second largest collector of tax revenue in the country. Keeping accurate records in an efficient way is important for both the agency and the trade community to do in order to promote a competitive Canadian economy.
One way the CBSA plans to ensure accurate records are kept for Canadian imports is by implementing a multi-year project called the “CBSA Assessment and Revenue Management project” (CARM). This project is transforming the current methods of how the CBSA assesses, collects, manages and reports on import revenue and trade information.
Implementation started January 2016 with Accounts Receivable Ledger (ARL). ARL recorded all transactions of an importer or broker under a single account, as well as provided electronic statements and payments through online banking or EDI. The next phase will be implemented in two releases.
The Benefits of the CARM Project:
- Gives 24/7 access to CBSA and importers
- Makes it easier for businesses to work with the agency
- Keeps more efficient and accurate records
- Online portal with self-service access to trade information and tools and provided direct payment solutions.
How Frontier Can Help:
Over the next few years, this project will transform the current methods of how the CBSA assesses, collects, manages and reports on import revenue and trade information. Make sure that you are ready for the upcoming change by getting in touch with one of our customs brokers today.