Presented at an IE Canada Calgary Chapter Seminar, this presentation covers the trend to proactive customs compliance by Canadian importers and exporters and the reasons for it. Spot and internal reviews to measure company and service provider compliance and performance, respectively, as well as compliance action items were discussed in detail. The presentation distinguishes between self-adjustments and amendment of entries flowing from voluntary disclosures. An analysis of multiple and single program trade verification audits was provided, together with priorities and trends from the points of view of the Canada Border Services Agency and the importing and exporting communities. Finally, operational challenges to importers and exporters of the "raised bar" of customs compliance was discussed.
Please note that this publication presents an overview of notable legal trends and related updates. It is intended for informational purposes and not as a replacement for detailed legal advice. If you need guidance tailored to your specific circumstances, please contact one of the authors to explore how we can help you navigate your legal needs.
For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com.