- The Canadian Border Services Agency (CBSA) announced the internal launch of the CBSA Assessment and Revenue Management digital initiative (CARM) on May 13, with the external launch for trade-chain partners (TCPs) postponed to October 2024.
- This stage is known as CARM Release 2, aiming to modernize the collection of duties and taxes for commercial goods imported into Canada.
- The postponement allows time for a smooth transition. The announcement aligns with the Canadian House of Commons Standing Committee on International Trade (CIIT) report, which recommended suspending the implementation of CARM until completing its study and providing observations and recommendations.
- This decision allows for the completion of the study while enabling the CBSA to work towards better compliance through CARM.
Source
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