We at Ippolito Transportation Inc. constantly strive to provide the most current and updated information to customers. To continue offering our high-quality reliability, we would like to let you know about the changes to CARM, which take effect on May 20, 2025. The CBSA Assessment and Revenue Management (CARM) digital initiative is changing how the CBSA assesses and collects duties and taxes on commercial goods imported into Canada. On May 20, 2025, CARM will become the official system of record that importers and other trade chain partners will use to pay duties and taxes.
Importers now have until 3 am EDT on May 20, 2025, to post their financial security in the CBSA Assessment and Revenue Management (CARM) system.
Importers must have financial security in place, such as a bond or deposit, to clear their shipments at the border. What this means for you:
- Shipments without a bond will not clear the border.
- If an importer is unprepared, your cargo could be delayed at the First Port of Arrival (FPOA), preventing further transit.
If you are looking for additional details, please visit: https://www.cbsa-asfc.gc.ca/services/carm-gcra/start-passer-eng.html
If you have feedback and suggestions for Ippolito Transportation Inc, send details to ship@ippolitogroup.com
