RPP Transition Plan Phase 2 (Release Prior to Payment- CARM)
The CBSA proposed regulatory package will introduce new regulations to allow for a Release Prior to Payment (RPP) transition period to help importers shift to the importer financial security model, where they must post financial security for their own accounts to realize the benefits of RPP program (i.e. Customs Brokers will no longer be allowed to post financial security to secure debt to the Crown on behalf of importers.)RPP Transition FAQ
In order to qualify for the transition period, an importer will be required to onboard to the CARM client portal before the go live date of CARM Release 2. The transition period will last for 6 months (180 calendar days) beginning on the go live date, scheduled for October 2023 – exact date to be announced.