The following is available in its entirety on the Government of Canada website.
CBSA Signs Mutual Recognition Arrangement with Australia
The Canada Border Services Agency (CBSA) today announced the signing of a Mutual Recognition Arrangement (MRA) with Australia’s Department of Immigration and Border Protection (DIBP) regarding their respective Trusted Trader programs.  The signing took place earlier this month on the margins of the World Customs Organization Council Sessions in Brussels, Belgium.
Trusted Trader programs enhance the security and integrity of the global supply chain through the establishment of customs to business partnerships and by providing streamlined border processes to pre-approved, low-risk traders.
This MRA signifies that the CBSA’s Partners in Protection program members will be recognized by, and receive trade facilitation benefits from, the DIBP.  The CBSA will reciprocate by providing similar benefits to members of the Australian Trusted Trader program.
Border management is a shared international responsibility. Â Threats and opportunities arising from global migration and trade are dealt with most effectively by working together. Â Expanding the international network of accredited low-risk companies allows customs administrations to focus on targeting shipments of higher or unknown risk.