CARM

Important updates to the CARM process implemented by CBSA

As of April 19, 2025, importers seeking to continue to benefit from electronic release service options will be required to enroll in Release Prior to Payment (RPP) and post final security.

The security amount required for your company can be found in your CARM Portal under the Financial Information-Financial Security tab.

Oakville Customs Brokerage can facilitate RPP Surety Bonds for importers.  Please contact us if you require us to secure on your behalf.

 

As of April 1, 2025, all overdue amounts owed to CBSA will be subject to interest.

On October 21, 2024, CARM introduced new harmonized billing cycles that align payment due dates for importers. Statement of Accounts (SOA) will be issued on the 25th of month 2 for all goods released between the 18th of month 1 to the 17th of month 2. The payment due date will be 10 weekdays (defined as Monday to Friday, inclusive of holidays) after the 17th of the calendar month.

CBSA has allowed a grace period for interest on outstanding amounts, however this grace period is coming to an end April 1, 2025.  Beyond interest, CBSA can suspend import privileges. If you have not made payment, you must address this ASAP.

Oakville Customs Brokerage may be able to assist importers with account reconciliation options.