March 20, 2020 – The CBSA recognizes that the impact of the COVID-19 pandemic may result in difficulties for importers with submitting a timely accounting for imported goods. Consequently, the CBSA is providing a 45-business-day grace period for late accounting penalties. Clients will not have to submit an application to have late accounting penalties waived. This applies to transactions released from March 11 to May 14, 2020, inclusively. The grace period will be subject to review as the situation evolves.