Thank you very much for the question. That surely is our number one concern right now, as May 13 is fast approaching.
Based on what we know right now—and I did submit some stats to the clerk—according to CBSA's numbers submitted to this committee back in May, there are 200,000 registered importers. As of yesterday, they shared with us that just under 50,000 importers are registered today, and they are expecting 100% to be by May 13. The goods of those importers that aren't registered will not be allowed across the border.
Initially one would think that those people who didn't register wouldn't be allowed across the border, but the implication is that those trucks will be turned around and those goods will have to be off-loaded into warehouses. That is the biggest concern for us right now—this mandatory drop-dead and the implications of this requirement that everyone be registered.
The other big overarching issue for us is that this technology has not been tested. For six years this project has been on the table. Many times it has been said that the big bang is too risky, yet they've doubled down and they continue down that path. On May 13 not only will we be having all these requirements, but we will be testing technology that we've never touched before.
The other very scary part about this story is that there are only a few people who are actually testing. Out of those 200,000 importers, only 47 companies are actually testing the system. When we go live on May 13, all of us will be seeing it for the first time.