Zesty systems Inc.(Japan) has released ZGR-1the ZGR-1 accessory to provide superior functionality to extend the competence of Nikon DSLR. The ZGR-1 works with smartphone (this release is compatible additional capabilities to iPhone/iPod touch/iPad ) to provideNikon DSLR, among other things providing long time exposure time control, shutter shutter release, GPS information and etc. Control your Nikon DSLR with your iPhone
The question was specifically for Canon, so it would seem that for the moment this solution is not applicable but ! http://www.zesty.co.jp(as of August 2012) from the official blog it appears that a Canon compatible version is being considered.