ARE YOU READY FOR CARM RELEASE 2?

All importers should be prepared for CARM Release 2 to ensure their financial security processes are in place and avoid the risk of their shipments being held at the border.

We know there is a lot to know ahead of CARM Release 2 – we're here to make it easy! Our CEVA Canada Customs Brokerage experts have developed a comprehensive repository of resources below to help you prepare.

UPCOMING CHANGES

The CBSA is transforming its operations through the Cargo and Accounting Re-engineering Management (CARM) initiative, now in its second release (Release 2). This release enhances the CARM Client Portal (CCP) with several key features:

Key Enhancements in Release 2:

  1. Electronic Commercial Accounting Declarations: Users can now submit and amend commercial accounting declarations electronically for improved efficiency.

  2. Release Prior to Payment (RPP) Program: New requirements enable importers to release goods before paying duties, enhancing cash flow.

  3. Harmonized Billing Cycles: Standardized billing cycles simplify invoicing for easier payment management.

  4. New Offsetting Options: Improved options for offsetting amounts owed enhance financial management flexibility.

  5. Electronic Management of Appeals: Users can now manage appeals and compliance actions electronically, reducing paperwork.

CARM Client Portal Overview

Launched in May 2021, the CCP serves as a self-service platform for managing accounting processes related to shipments into and out of Canada. Key benefits include:

  • Accessibility: Users can manage information anytime, anywhere.
  • Transparency: Enhanced visibility into transactions and statuses.
  • Efficiency: Automations streamline customs and accounting tasks.

Impact on Users

Release 2 will significantly benefit businesses involved in importing and exporting to Canada by streamlining processes, improving compliance, and enhancing user experience. Users are encouraged to explore the updated portal to fully leverage the new functionalities.

 

WHAT WE DO?

As a customs brokerage industry leader, we strive to provide exceptional service by utilizing our global network and expertise to eliminate complexities of trade for Canadian & Non-Resident importers. From customs clearance capabilities at all ports in Canada to our extensive range of trade solutions, CEVA ensures all your trade and compliance needs are covered. Even in times of rapidly changing trade policies, you can trust us to help you navigate the shifts and ensure compliance. 

ADDITIONAL RESOURCES

FAQs

 

LIVE WEBINAR: GUIDING YOU THROUGH CARM RELEASE 2

We're excited to share a valuable opportunity to stay ahead of the upcoming regulatory changes with CBSA's CARM (CBSA Assessment and Revenue Management) Release 2, set to launch in October. We encourage you to view the recent webinar recording, which provides essential information on the steps required to prepare your business for the new processes.

The webinar covers all key preparations you need to take in advance to ensure compliance and avoid potential border delays with your shipments. By taking the necessary actions now, you can ensure a smooth transition and continue moving goods without disruption when the new system goes live.

WATCH WEBINAR

FACTS & FIGURES

120 YEARS

2,500

80+

We're here to help you

Contact Us Today