April 6, 2020 – Canada has now officially ratified the new Canada–United States–Mexico Agreement (CUSMA). Although the date of implementation has not yet been confirmed, 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 an estimated value for duty not exceeding CAD$3,300.