Section 4.1g seems to cover leasing. From my take, it's ok if the other party would otherwise meet the requirements to own a .ca.
(g) not allow any third party to use or operate any Domain Name Registration registered in the name of the Registrant and not register any Domain Name as agent for, or on behalf of, any third party in any manner whatsoever, including without limiting the generality of the foregoing, for the purposes of lending,
leasing, licensing or otherwise granting rights in such Domain Name Registration to any third party for monetary or non-monetary consideration,
unless such third party: (i) otherwise qualifies under the applicable Registry PRP including without limitation CIRAâs Canadian Presence for Registrants which is located on CIRAâs website at
www.cira.ca/assets/Documents/Legal/Registrants/CPR.pdf; or (ii) is an Affiliate of the Registrant. For this purpose, âthird partyâ means any Person other than CIRA and the Registrant.