On October 21, 2024 the Canada Border Services Agency (CBSA) launched the
Assessment and Revenue Management (CARM) system.

To support commercial importers, a 180-day transition period was introduced, allowing additional time to post financial security electronically while continuing to benefit from the Release Prior to Payment (RPP) Program.

The transition period was originally set to conclude on April 19, 2025. However, a 30-day extension has been granted, giving importers until 3:00 AM EDT on May 20, 2025, to comply with the electronic financial security requirements.

Importers are strongly encouraged to take immediate action by providing financial security in CARM, if already enrolled in RPP or by enrolling in the program before the end of the transition period.
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Additional resources:
Release Prior to Payment (RPP) Program
List of financial security providers