Canadian and US Bonded Carrier :
Bonded carriers can bring a load of goods past the port of entry into Canada to an authorized location without customs release. They can do this because they were required to post financial security for $5000 to $25,000 with the Canada Border Services Agency (CBSA).
The Benefits of Bonded Carriers
- Move goods to an inland CBSA office (not located at the border) to have the shipment released;
- Move goods “in transit” through Canada. The bonded carrier uses Canada as a corridor by starting from a point outside Canada and then transiting through Canada to another point outside Canada. A release by CBSA is not required;
- Apply to the Customs Self Assessment Program and the Free and Secure Trade (FAST) Program.