The CBSA's Customs Automated Risk Management (CARM) project is set to revolutionize the way the Canada Border Services Agency (CBSA) assesses and manages risks associated with the importation of commercial goods into Canada. The CARM project is a multi-year initiative aimed at modernizing and streamlining the assessment and revenue management processes used by the CBSA, and is set to launch its first phase in 2021.

The CARM project will introduce a new system that will replace the existing assessment and revenue management systems used by the CBSA. This new system will allow the CBSA to better manage and mitigate risks associated with imported goods, while also improving the efficiency and accuracy of the assessment and revenue management processes.

Under the current system, importers are required to submit paper-based declarations, which are then processed by the CBSA. The CARM project, however, will introduce a new electronic system that will allow for faster and more efficient processing of declarations. This will help to reduce clearance times and improve access to data for importers.

The CARM project will also enhance the CBSA's ability to manage risks associated with imported goods. By leveraging modern technology and innovative processes, the CBSA will be better equipped to identify potential risks associated with imported goods and take appropriate measures to mitigate those risks. This will help to protect the health, safety, and economic interests of Canadians.

Importers are expected to benefit significantly from the CARM project. The new system will provide them with faster clearance times, improved access to data, and enhanced risk management capabilities. In addition, the CARM project is expected to reduce costs for importers by eliminating the need for paper-based declarations and streamlining the assessment and revenue management processes.

Overall, the CARM project is a significant undertaking that will deliver a range of benefits for importers and the CBSA alike. By introducing a modern, electronic system for assessing and managing risks associated with imported goods, the CBSA aims to improve the efficiency and accuracy of its operations, reduce costs, and enhance its ability to protect the health, safety, and economic interests of Canadians.