Your Broker Knows Blog

CARM | B3 And B2 Will Be Replaced By CAD

The Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) will introduce a new Commercial Accounting Declaration (CAD) in Release 2 which is scheduled for Spring 2022. The CAD will enhance and replace the current B3 (Customs Coding) and B2 (Request for Adjustment) processes.

August 5, 2021

CARM | Financial Statement Changes in Release 2

Jan Brock

Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) is a large multi-year project which started in 2016 with the Accounts Receivable Ledger (ARL).With release 2 of CARM, changes will be made to ARL. Keep reading to learn more.

July 5, 2021

Online Purchased Parcels Stuck at the Border? Read This Post.

Trish D'Haese

With the US/Canada land border closure over the past year, many online shoppers have been struggling to find ways to ship their US-delivered goods to Canada easily. In this blog post, we are discussing this issue with one of our Operations Release Agents to determine what, if anything, can be done.

June 21, 2021

CARM: Everything You Need To Know In One Place

Lisa Stevenson

With Release 1 of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) right around the corner, many importers are wondering how it will affect them and what they need to do to prepare. In Release 1, Importers will be able to create a CARM Client Portal (CCP). But what does this portal do and what MUST an importer use it for? To answer those questions, we interviewed our Canadian Regulatory Analyst, Gloria Terhaar, and Operations Manager, Taryn Hannah to help guide you on your CARM quest.

May 20, 2021

CARM | Billing Cycle Changes

Jan Brock

CBSA Assessment and Revenue Management (CARM) is a Canada Border Services Agency (CBSA) multi-year project to simplify and modernize the accounting and data management systems to provide the commercial trade community with a streamlined method of interaction with CBSA.

May 14, 2021

Golf Carts, Race Cars, Vehicle Parts and Other Non-Regulated Vehicle Imports

Jan Brock

With summer right around the corner, and many Canadians wanting to enjoy the great outdoors, we thought we would address common questions surrounding vehicles used for hobbies. Whether you are looking to purchase a golf cart, UTV, segway, e-bike, or work on your hobby car project by importing some vehicle parts, these are the regulations you will need to know and follow.

May 13, 2021

Canada’s Rules On Marking And Labeling Imports

Jan Brock

Marking and labeling requirements are largely unknown to many foreign exporters looking to import their products into Canada. We are often asked what requirements these companies must meet. However, this can be a tricky subject for Customs Brokers to cover as some labeling requirements fall outside of Customs Act legislation which is enforced by the Canada Border Services Agency (CBSA), whereas marking requirements do.

May 12, 2021

CARM | 3 Tips To Delegating Your Account Management

Jan Brock

Next month, the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) is scheduled to release phase 1 of the CARM Client Portal (CPP). In this blog we will discuss how you can assign your CCP to a third party along with a few tips on how to make the process smooth. Delegating your CARM account management is a fairly easy process, however due care should be paid when assigning such an important role.

April 29, 2021

CARM | Your Guide To The Client Portal

Jan Brock

With the CBSA Assessment and Revenue Management (CARM) Release 1 just around the corner, we thought we would take this opportunity to share what we know about it so far. In this blog you will learn about the steps all Canadian importers must take to ensure they are ready for CARM Release 1 May 25, 2021, which includes setting up a CARM portal and delegating user roles.

April 22, 2021

When To Seek Outside Trade Counsel

Taryn Hannah

From large to small corporations, at some point in their history, companies will decide if a situation warrants the intervention of outside counsel. Outside counsel can range from a second opinion from a trade advisor or the representation of an international trade lawyer. So what warrants the involvement of each? In this blog, we will discuss the various factors that come into play when making this decision and a few situations in which we recommend getting experienced help.

April 14, 2021