#CanadaSOLETFLaunch
It seems like you're referring to the Canada Assessment and Revenue Management (CARM) program launch. The CARM program is a new initiative by the Canada Border Services Agency (CBSA) for assessing and collecting duties and taxes on business-to-business goods imported into Canada.
## Key Updates on CARM Launch
- *Launch Date*: The CARM launch for trade partners has been postponed to October 2024 to allow the Canadian government time to resolve technical issues.
- *Internal Launch*: The CBSA will launch CARM internally on May 13, 2024.
- *Certification*: As of May 2024, only 1% of Canada's trade volume is ready, with only 3 out of 33 trade partners having their software certified.¹
## Implications
The delay in the CARM launch may impact trade partners and importers who need to comply with the new system. It's essential for affected parties to stay informed about the launch and any further updates from the CBSA.