Trade Update Articles

Effective September 1st, 2022, the Government of Canada has introduced a luxury tax on the importation and sale of certain vehicles and aircrafts exceeding $100,000 CAD, and vessels exceeding $250,000 CAD. The value threshold is inclusive of any fees, duties, or excise duties and taxes applicable to the subject vehicle at the time of import. …

Whether you’ve been in the import-export industry for a while now or are a newbie, you’ve surely heard of customs brokers and freight forwarders. Many assume that these two are the same when in reality, they are not.  To understand the difference between the two, let’s first understand who they are and their roles in …

CARM Phase 1 officially started in May of 2021 and we have been working diligently with our customers to get them set up online with the new Customs CARM Portal. The CARM Portal under Phase 1 has some basic functionality, you can go online in real-time and see your transactions, payments, and statements, very much …

Do you have goods that require temporary entry into various countries? Tired of paying taxes at each destination and then applying for a refund with government officials?  The ATA Carnet was meant for you! An ATA Carnet can simply be explained as a “passport for goods.”  This is an international customs document that allows the …

It’s been one year already that CBSA switched over to the CERS program to account for exports from Canada. The B13A and CAED export declaration are now a thing of the past.  As a refresher, goods valued at over $2000.00 CAD and exported to countries other than the USA require a CERS declaration. Many exporters …

CARM is CBSA’s Assessment and Revenue Management program which will redefine the way Canadian businesses collect and report on import revenue and trade information, as well as manage shipments across the border. Because of the huge impact this program will have on the trade industry, CARM is implemented in stages. As of Spring 2021, we …

CBSA Assessment and Revenue Management (CARM)The CBSA Assessment and Revenue Management project, better known as CARM is a multi-year initiative that will transform the importation process. Through CARM, clients will have access to the Client Portal—an innovative self-service tool that will modernize how the trade community interacts with the CBSA. May 25th, 2021Release 1CARM Client …

New for the spring of 2021, importers and customs brokers in Canada will be expected to adapt to the changes enforced under CARM Program. CARM: the CBSA Assessment and Revenue Management program. This multi-year initiative will completely revamp the importation process. The CARM program is an online portal that will give Canadian importers and exporters …

Many of us will remember 2020 as being a momentous year, some for the good, but mostly for the memories of uncertainty. Some of us have been affected by the loss of a loved one due to COVID-19.  We would like to take this opportunity to extend our sincere sympathies to you and your families.  …

Is your company exporting goods outside of Canada and currently using paper B13A’s or CAED?  As of September 30, 2020, the CBSA will no longer accept paper B13A’s and/or declarations using the Canadian Automated Export Declaration (CAED) system.  Exporters or service providers will be required to report exports electronically. Two electronic reporting methods are available …