Canada Imposes 25% Surtax on U.S. Goods: What Importers Need to Know
Effective February 4, 2025, Canada is imposing a 25% surtax on select U.S. imports. Learn how this affects importers, which products are impacted, and how to stay compliant.
Customs Notice 24-43: Goods and Services Tax/Harmonized Sales Tax (GST/HST) Break
This notice provides information on legislative changes being made to the Excise Tax Act, regarding the Goods and Services Tax/Harmonized Sales Tax (GST/HST) that will be in effect from December 14, 2024, to February 15, 2025.
CARM Release 3: What You Need to Know About Changes to Import Duty and Tax Payments
CARM Release 3 went live on October 21, 2024. This release will change the way many of you pay the duties and taxes for your imports. As such we are reaching out to provide guidance on how to handle the next Statement of Account (SOA) that will be issued on October 25, 2024.
Summit Customs Brokers Proudly Sponsors Wishes Without Borders
Summit Customs Brokers proudly announces its sponsorship of the Wishes Without Borders initiative.
News Notice: Customs Notices, CARM Transitionary Measures, Import Surtax & Regulatory Changes
There have been significant updates ahead of the CARM transition in October (CN-24-27). These include revised procedures for submitting Duties Relief Program applications, drawback claims, and commercial temporary importations (CN-24-28). Additionally, a new 25% surtax on steel and aluminum products from China has been introduced. Stakeholders are also reminded of the upcoming regulatory changes for steel imports, specifically the requirement for Country of Melt and Pour (COM) information, which will be mandatory for clearance starting November 5, 2024.
News Notice: Canadian Railways Strike
Due to the labour disruption at both Canadian railways, Intermodal Rail shipments will be delayed. Read more.