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Following an announcement made by the Canadian Prime Minister made last Friday, the Minister of Public Safety and Emergency Preparedness exercised his authority to extend the timeframe for the payment duties. The timeframe for all payments due to the Canada Border Services Agency (CBSA) for duties and taxes on regular imports, re-assessments, penalties, etc, is extended to June 30, 2020. This also includes charges on the statement of account of March due on April 1. The CBSA will change the due date automatically, there is no need for companies to apply for the extension.

Although there is no change to the accounting timeframes prescribed by “the Regulations”, importers and/or their brokers are still required to submit accounting declarations for imported goods released on minimum documentation within the required timeframes.

Source: Canada Border Services Agency