With CBSA's Assessment and Revenue Management (CARM) all commercial importers will be required to obtain their own financial security via surety bond for Release 2.
Fill out the form below and a member of our Client Services team will contact you to get started.
Prior to CARM Release 2, importers are able to utilize their Customs Brokers import bond. After CARM Release 2, importers will no longer be able to use this option.
This a D120 Customs Bond will allow importers to enjoy Release Prior To Payment (RPP) privileges at the port of crossing, meaning that their goods will be released into Canada prior to paying the duties and taxes (which will instead be paid after importation).
At this time, CBSA has slated Release 2 for the Spring/Summer of 2022. In order to be prepared for this transition, we encourage you to start the process of obtaining your D120 Customs Bond as soon as possible. We can help you obtain one by filling the form out above.