CARM 104: How to Get Ready and What to Expect for CARM Release 2

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.  

In October 2024, CARM Release 2 will expand the functionalities of the CARM Client Portal, 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 CBSA will be facilitated for all importers to Canada. 

CARM 104: How to Get Ready and What to Expect for CARM Release 2

Hear from Delmar’s expert Canadian trade compliance managers on what actions need to be taken by importers to be ready for CARM Release 2 and what changes to expect in October 2024.  

 
Learn About: 

• CARM Client Portal 
• User roles and delegation of authority  
• Release prior to payment bonds 
• Harmonized billing cycles  

 

Industry Expert Panelists  

Marisa Pavan 
Canadian Customs Brokerage Manager of Post Entry & Advisory Services, Delmar International Inc. 

Shaukat Khan 
Regulatory & Compliance Manager, Customs Brokerage, Delmar International Inc. 

 

Why Should You Watch Delmar’s On Demand 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 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 cover what upcoming changes you should expect with CARM Release 2. The sessions will also include a live Q&A portion.   

 

Some Notable Upcoming Changes with Release 2  

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 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) webinars, FAQ pages and useful resources, visit Delmar's dedicated CARM webpage.