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CBSA Extends CARM RPP Transition Period to May 20, 2025
The Canada Border Services Agency (CBSA) has announced a further 30-day extension to the transition period for importers to comply with financial security requirements under the CARM (CBSA Assessment and Revenue Management) system. Importers now have until 3:00 a.m. (EDT) on May 20, 2025 to submit the required financial security to maintain Release Prior to Payment (RPP) privileges. This marks another delay
What You Need to Know About Performance Bonds
As a leading Canadian Surety Bond Brokerage, Bond Connect is committed to providing our clients with comprehensive insights into the world of surety bonds, with a particular focus on Performance Bonds. These bonds play a
When Are Maintenance Bonds Used?
In this article, we’ll review the broad scope of contract surety bonds in Canada, while focusing on when Maintenance Bonds are used in different scenarios. Understanding these bonds is crucial for anyone involved in the
Technical Safety BC Gas Bond
Obtaining your $10,000 Technical Safety BC Gas Bond is now a straightforward and hassle-free process, despite the often complex nature of regulatory compliance. Through our user-friendly online system, securing your bond takes just a few
Canadian Surety Bonds in 2024: Looking Forward
As 2024 unfolds, the Canadian surety bond industry stands as a crucial pillar in various sectors, notably construction, infrastructure, public services, development, and imports. Its integral role in assuring project completion and financial stability positions
The Ultimate 2024 Guide for Customs Bonds in Canada
If you have plans to import goods into Canada or the United States, this is when you might come across customs bonds. So, what is a customs bond, and how do you get one? In
Technical Safety BC Electrical Bond
Navigating the complexities of regulatory compliance can be challenging, but obtaining your $10,000 Technical Safety BC Electrical Bond shouldn’t be. With our streamlined online process, you can secure your bond in just a few minutes.
The Beginner’s Guide to BC Bonds
The beautiful province of British Columbia is one of Canada’s treasures. Forestry, mining, construction, tourism; you can find it all in BC. As the province continues to develop, BC Bonds have become an essential tool
An Unseen Pillar: The Role of Surety Bonds in the Mining Industry
Mining, a foundational pillar of modern civilization, encompasses more than extracting Earth’s treasures. It’s a balance of benefiting from our planet’s resources while ensuring its restoration and protection. So, what is the role of surety
Top 10 Benefits To Bond Construction Projects
If you’ve been around the construction industry long enough, chances are you’ve come across surety bonds. Bonds play a pivotal role in ensuring projects are executed seamlessly and with the utmost professionalism. These financial instruments
Why Surety Bonds Are Not Insurance
In the risk management space, two terms that often intertwine are “surety bonds” and “insurance”. While they might share some similarities, they fundamentally differ in purpose, structure, and expertise required. Let’s delve into why surety