CARM: What all importers need to know about CARM

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Route Article

Have you completed your New Year’s resolution of registering for CARM?

     CARM

In previous issues of Route we identified the 4 key aspects of registering for CARM (CBSA Assessment and Revenue Management) and, with the anticipated effective date approaching (May/June 2022), importers who have not yet registered must act quickly.  

As customs brokers we are used to managing change, especially new CBSA initiated programs.  In most cases, we manage these changes behind the scenes.  Our clients rightfully expect that we will take care of everything on their behalf – and we do.  CARM , however, is one of the first Customs initiatives that absolutely requires importer engagement.

IMPORTANT:  All importers to Canada (whether resident or non-resident) must take certain steps – if not, they simply won’t be able to import into Canada once CARM Release 2 comes into effect (May/June 2022).

Universal Logistics will help our clients along the road to CARM to ensure a smooth transition.  The CARM initiative will be implemented in phases (or releases).  Release 1 went into effect on May 25, 2021.

Here’s what you need to know to get ready…

  1. Identify your company’s Business Account Manager(s) – BAM
  2. Register your business in the CARM Client Portal
  3. Delegate authority to your customs broker
  4. Secure a Release of Goods Bond – Release 2 (scheduled for May/June 2022)

The CBSA’s Assessment and Revenue Management team is hosting free CARM webinars – tailored specifically for Importers – and focusing on CARM Client Portal Onboarding.  

Registration is required for these webinars.  Please register using the links below:

Date / Time Registration Link
Tuesday, February 15, 2022 – 1:00pm-2:30pm EST – English Register
Tuesday, February 15, 2022 – 3:00pm-4:30pm EST – French Register
Tuesday, March 22, 2022 – 1:00pm-2:30pm EST – English Register
Tuesday, March 22, 2022 – 3:00pm-4:30pm EST – French Register

For more details on CARM and for tips on how to get ready – visit our website – or speak with your Universal Logistics Client Care representative.

Quick Tip #58
Be prepared for customs penalties and fines under AMPS

Never assume that the absence of an audit means you will never be audited.  Penalties under AMPS (Administrative Monetary Penalty System) can be applied at the border at time of import (or export) and also post audit.

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