CARM 107: Prepare for Go-Live – Release 3!

CARM and Its Release Phases 

The Canada Border Services Agency (CBSA) continues to accelerate its evolution and modernization through its CBSA Assessment and Revenue Management (CARM) project; completely transforming the agency’s import playbook from trade compliance to risk and information management.   

On October 21^st, 2024, CARM Release 3 will expand the functionalities of the CARM Client Portal (CCP), releasing electronic commercial accounting declarations, new offsetting options, electronic management of appeals and compliance actions and harmonized billing cycles.    

Through CARM, accounting and revenue management processes with theCBSA will be facilitated for all importers to Canada.  

 

What Does Delmar's CARM 107 Webinar Cover?  

CARM Release 3 will launch on October 21^st, 2024. If you import into Canada, you must register on the CPP and delegate authority to your customs broker before the go-live.  

Attend our webinar to have the latest information on CARM before the launch of Release 3. Delmar’s customs brokerage experts will outline the CARM initiative, the main obligations that each importer must fulfill, the importance of registering on the CCP and delegating authority to your customs broker, and more.  

The presentation will be followed by an open mic Q&A session so that you can ask your pressing questions.  

Topics Covered 

• CARM: An overview
• Who should register for CARM
• The go-live requirements and how to prepare
• Methods of payment after the CARM go-live
• Reviewing Customs Notice 24-18 and Customs Notice 24-25
• Changes in billing cycles and its impact on corrections and adjustments
• How to read a Statement of Account (SOA)
• Transition from the B3 form to the Commercial Accounting Declaration (CAD) form
• Reviewing the Correction Period  
• Release Prior to Payment (RPP) program: Posting a cash bond vs financial security agreement (FSA)  

Industry Expert Panelists   

Marisa Pavan   

Manager, Customs Advisory Services, Delmar International Inc.   

John-Paul Evans   

Canadian Customs Brokerage Consultant of Advisory Services, Delmar International Inc. 

  

Why Should You Watch Delmar’s Webinar?  

As a leading Canadian customs broker, Delmar has been proven successful in collaborating with the Canadian government on various customs brokerage initiatives over the years and has been selected as one of a limited number of Canadian customs brokers to conduct advance Deep Cycle CARM Testing with the CBSA.   

We continue to work closely with the CBSA in the development of the Commercial Accounting Declaration (CAD) through our involvement in the CAD Technical Working Group. Delmar is also an active participant in the Customer Experience Simulation (CES).   

Through our partnership with the CBSA, our expert panelists will guide you through registering your business on the CCP.  

 

Some Notable Upcoming Changes with Release 3   

Financial Security – Importers will be required to have a financial security bond, or post a cash deposit, to participate in the Release Prior to Payment program.    

Billing Cycles – New billing cycles and alignment of payment due dates will address current complexities of revenue management for businesses and the CBSA.   

Commercial Accounting Declaration (CAD) – Serves as the digital document to account for imported goods into Canada, replacing the current B3/B2 forms and processing corrections and adjustments.   

   

For additional CARM resources, such as access to our past CARM Release 1 & 2 (101, 102, 103, 104, 105 and 106) webinars, FAQ pages and useful resources, visit Delmar's dedicated CARM webpage.