There is no mutual recognition agreement, however, there is a fast track option for IMA CMA members to get the Canadian CPA as IMA CMA is an IFAC recognized professional accounting association. Below is the link.
You'll have to write some of the Canadian CPA exams which should not be too difficult as the CPA does not cover any material you have not already studied through your degree and CMA. The CPA is very expensive in Canada as it has the monopoly unfortunately but the credential does help immensely in the Canadian market.
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