According to the Law
For those that don't readily know, and because CGNers making up definitions for things in the regulations is sometimes not helpful...
The Firearms Act
Sections 117-119 (at least) allow for the creation of "Regulations"
What we now currently have is SOR/98-209 March 24, 1998 titled:
Storage, Display, Transportation and Handling of
Firearms by Individuals Regulations (this is pursuant to the firearms act)
This can be found online at:
http://laws.justice.gc.ca/PDF/Regulation/S/SOR-98-209.pdf
The Firearms Act can be found online at:
http://laws.justice.gc.ca/PDF/Statute/F/F-11.6.pdf
In the regulations, Section 6 specifically refer to "STORAGE OF RESTRICTED FIREARMS"
It looks like this:
STORAGE OF RESTRICTED FIREARMS
6. An individual may store a restricted firearm only if
(a) it is unloaded;
(b) it is
(i) rendered inoperable by means of a secure locking
device and stored in a container, receptacle or
room that is kept securely locked and that is constructed
so that it cannot readily be broken open or
into, or
(ii) stored in a vault, safe or room that has been
specifically constructed or modified for the secure
storage of restricted firearms and that is kept securely
locked; and
(c) it is not readily accessible to ammunition, unless
the ammunition is stored, together with or separately
from the firearm, in
(i) a container or receptacle that is kept securely
locked and that is constructed so that it cannot readily
be broken open or into, or
(ii) a vault, safe or room that has been specifically
constructed or modified for the secure storage of restricted
firearms and that is kept securely locked.
One has to understand the implication of the "and"s and "or"s for each paragraph and how they relate, but it's not too bad. Basically this regulation is fairly wishy washy, though as there are terms inside that are not defined. (like 'safe', 'vault', 'modified' and 'readily broken open or into' etc.)
Additionally, a CGNer, CFC or CFO employee, judge, wife, neighbor or law enforcement officer will SURELY interpret it differently than the others. Until specific examples within case law occur (a judge makes a decision about something that can be referenced in later cases - a precedence), we basically have to fend for ourselves with the interpretation.
Read the 'Regulations', ignoring folks home grown definitions of this and that, and make an intelligent decision about a storage method that is comfortable for you and the occupants in your dwelling. By all means solicit information on how others currently store them as this may make you more or less comfortable.
Personally, I am very new to this and own only one handgun. I bought a nice floor safe (inside dimensions are about 8.5X11" and 10" tall-ish) that was intended to protect documents in case of fire. I lined the inside with that black toolbox rubber matting (a roll from crappy tire) to prevent dings against the inside. It has an electronic combo that I can readily open in about 5 seconds and I happen to keep some ammo in it (2 loaded mags) as well. The handgun does not have a trigger lock while in the safe. I store other ammo in a locked plastic-type tool box near the safe.
When transporting to the range I put a trigger lock on the handgun and put it in a handgun case (from crappy tire) and put a lock on it. No ammo goes in the box while transporting. My ammo goes in it's normal locked plastic toolbox. I think I go the "extra little bit" for transporting the ammo because that is the most likely time that I may have an incident with a LEO that for some reason may insist he look through my vehicle and find it.
Anyway, that is what I do, and doing it makes me comfortable, and I feel am am following the stated regulations.
Good luck to you and welcome to the club.