Post Date | CARM Facts |
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CARM R2 delayed for TCP: CBSA is phasing in CARM by launching internally for CBSA use as planned in May and in October for trade chain partners. CBSA News release |
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The minimum security requirement for RPP for CARM R2 will be $5000.00 per RM account. |
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An importer with no accounts receivables within the past 12 months will not be required to post financial security. However, the importer must ensure they have sufficient coverage if receivables are expected in any given month. |
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There are currently 77,000 registered importers in the CARM Client Portal and of those registered importers 81% of them have delegated authority to at least one service provider. |
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Importers that have not successfully registered for CARM by a specified cut-off date prior to Release 2 will not be extended RPP privileges. At Release 2, these importers will need to enrol and provide financial security in order to obtain RPP privilege. |
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