From the Document: "As partners in the largest bilateral trading relationship in the world, and as part of highly integrated supply chains, individual Canadian and American firms move tens of thousands of shipments of goods back and forth across our shared border on a daily basis to access each other's market. Such shipments often experience impediments both at and behind the border because of the two nations' individual regulatory requirements. It was in this context that Canada's Prime Minister Stephen Harper and United States President Barack Obama issued a Joint Statement on February 4, 2011, creating the Canada-United States Regulatory Cooperation Council (RCC) which subsequently issued the Joint Action Plan on December 7, 2011. In the year since this announcement, steady progress has been achieved in advancing regulatory cooperation between our two countries[.] […] This Report provides an update on the progress that has been achieved over the past year."
White House: http://www.whitehouse.gov/