The Canada Border Services Agency (CBSA) published a Customs Notice providing information on regulatory changes for new low value shipment (LVS) thresholds that will be implemented at the time of entry into force of the Canada - United States - Mexico Agreement (CUSMA).

Effective on the day of coming into force of CUSMA, the CBSA will increase its Low Value Shipment (LVS) thresholds for all commercial importations (in addition to those for express shipments) to a value for duty not exceeding CAD$3,300

The Customs Notice also provides information on the proof of origin requirement for commercial goods for which the estimated value for duty is less than CAD$3,300 and for which the benefit of preferential treatment under a free trade agreement is claimed.

The changes will be implemented in accordance with the Customs Act to take effect on the day of entry into force of the CUSMA. All related CBSA publications will be updated accordingly.

Link: Customs Notice 20-15 Increase to the Low Value Shipment (LVS) Threshhold for Goods Imported into Canada

   

 

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