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ARTICLE · 18 APRIL 2024

CARM, And The "Big Bang"

Miller Thomson
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The new CBSA Assessment and Revenue Management ("CARM") is scheduled to launch on May 13, 2024. The implementation approach of the Canada Border Services Agency...

CanadaAccounting and Audit
Daniel Kiselbach
Daniel Kiselbach
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Satinder Bains
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Michael Hanuman ( Summer Student)
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The new CBSA Assessment and Revenue Management ("CARM") is scheduled to launch on May 13, 2024. The implementation approach of the Canada Border Services Agency ("CBSA") is being described as a "big bang," this is because CBSA plans to introduce CARM across Canada at the same time (rather than in stages across different regions to resolve any setbacks).

When CARM goes live it will likely be adopted by approximately 52,000 registrants representing approximately 82% of the volume and 83% of the value of the top 3000 importers. CARM adoption rates for customs brokers and customs self assessment ("CSA") program participants is good. However, the impact that non-registered importers will have on the flow of goods into Canada on launch day is completely unknown.1

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