Potential Supply Chain Disruptions Under Canada's New Import Rules
One truck carrying 30,000 parcels arrives at the Canadian border under new import regulations - but only 30% can pass through freely while the other 70% faces delays due to lack of compliance.
This episode of the Simply Trade podcast examines Canada's CARM modernization project through discussions with trade experts Kim Campbell and Alan Dewar. CARM aims to digitize import processes but its new rules and requirements could impact supply chains.
Main Topics:
- Potential delays at the Canadian border as a high number of importers may not meet new registration, portal access, and financial security rules. This could back up supply chains.
- Challenges individual "occasional" importers face in navigating CARM's complex compliance system, which was designed for large businesses.
- Mandating aspects like requiring all importers use the portal and post financial security leaves no flexibility, according to advocates.
- CARM takes a "one-size-fits-all" approach but international trade involves different scenarios that need accommodation.
- Third party oversight is needed to address reported problems between CARM's developers and Canadian customs officials.
This episode provides important insights into how Canada's new import regulations may impact businesses, as well as advocacy efforts underway to address CARM project issues. International traders should stay updated on regulatory changes that could disrupt supply chains.
Enjoy the show!
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Show references:
Global Training Center - www.GlobalTrainingCenter.com
Simply Trade Podcast - SimplyTradePod
Kim Campbell - /
Alan Dewar - /
mkmarin - mkmarin.com/
GHY International - www.ghy.com/
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