[Webinar] Status Update on the Canadian Customs Bond

Trade Risk Guaranty hosted a second webinar discussing updates around the Canadian Customs Bond.

Changes have been rolling out for Canadian importers for the past few years, but where do those changes stand? These changes are coming from the CBSA Assessment and Revenue Management (CARM) project which is rolling out in the form of 2 releases. Release 1 went live in May 2021 while Release 2 is planned to go live in October 2023. So the primary question is what should Canadian importers handle now and what is coming?

In our most recent webinar, TRG discussed the updated information that has been release about the Canadian Customs Bonds. This webinar is about 40-minutes and it includes a live Q&A while covering the following topics:

• A Brief Introduction to CARM
• What Canadian Importers Should Do Now
• What is to Come in Release 2 for Canadian Importers
• How to Calculate your Canadian Customs Bond Amount

There have been many useful resources published directly by Canadian Border Services Agency. These resources can be found directly on CBSA’s CARM webpage.

If you have any questions after the webinar, feel free to leave a comment on our YouTube channel or send us an email at askanexpert@traderiskguaranty.com.

Watch the Full Webinar for an Update on the Canadian Customs Bond

Watch the full webinar below for an update on the Canadian Customs Bond, what you need to handle now, and what is to come later this year.