The CBSA Assessment and Revenue Management (CARM) project is a multi-year initiative that will transform the collection of duties and taxes for goods imported into Canada. Through CARM, the CBSA will be able to modernize and streamline the process of importing commercial goods.
The key thing to know about CARM’s new system is that it
The CBSA Assessment and Revenue Management (CARM) is a project that will modernize and streamline the process of importing commercial goods into Canada. For the next two years, CBSA will continue to develop and implement changes that will improve compliance and revenue collection, as well as contribute to securing the borders of
Supply chains are essential for businesses today. With the widespread COVID-19 infections and lockdown restrictions, organizations across the world have become more and more dependent on reliable supply chains.
Throughout 2020, business owners had to deal with countless disruptions in supply chains. If
It is hard to believe we are nearing the end of 2020. For many, this comes with relief - 2020 has been a challenging year, and it has rocked every sector of industries across the world. As always, with this time of year, comes the preparations for the holiday season.
With the holidays
Our surety partners have made a change which restricts access to release prior to payment, non-resident GST and license bonds issued under the Quick Write Bond Portal. This means that all bonds, of any value, will now be issued on the basis of underwriting information, including financial statements and a full bond application. This is effective
It has been nearly nine months since the COVID-19 pandemic started to cause disruptions to supply chains across the world. When cases of the virus began to spread throughout China, trade restrictions started to happen and inevitably, supply chain disruptions followed. By mid-March, travel barriers were placed worldwide and over 50 countries were
If 2020 has taught us anything, it is to value the healthcare facilities around the world. When dealing with a global pandemic, there is nothing more important than our health, and nations across the globe found themselves rushing to put their hands on right medications, treatments, and medical resources to fight the COVID-19 pandemic.
For months, governments all over the globe have battled trying to find the correct trade response to the COVID-19 pandemic. By mid-March, travel barriers were placed worldwide and over 50 countries were restricting the export of specific medical supplies. This meant that many supply chain workers were unable to operate effectively. The pandemic
Supply chains are extremely delicate. As the name suggests, a supply chain is a network of people, organizations, and activities that moves through a system of companies and suppliers, created to produce and distribute products. If only one of those chains is disrupted, it can have a significant impact on multiple aspects of your business.
Twenty-five years ago, the North American Free Trade Agreement (NAFTA) was signed with the intention to boost trade and investment among the United States, Canada, and Mexico. Despite many controversies and doubts, NAFTA has been the most used trade agreement in American history. However, its time is coming to an end. On July 1st, it will be