As the international trade landscape continues to evolve, it’s important for Canadian importers to stay updated. While the U.S. government recently announced a 90-day pause on reciprocal tariffs, Canada was not included in this suspension. The 25% retaliatory tariffs imposed by Canada on select U.S. goods remain in effect.
The CARM RPP (release prior to payment) transition period provided by CBSA when CARM launched on October 21, 2024 is coming to a close on April 19, 2025. It’s imperative that all importers currently utilizing RPP through the grace period provided by CBSA start the process of posting the required security to continue on the RPP program.
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.
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 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 announces its sponsorship of the Wishes Without Borders initiative.