Percussion cap pistols or rifles made after 1898 don't have antique status and are classified firearms. This pistol is restricted.
(From the RCMP site)
Muzzleloaders made before 1898
All black powder muzzleloaders made before 1898 are considered antique firearms. Antique firearms are exempt from the licence and registration requirements set out in the Firearms Act.
Muzzleloaders made after 1898
All matchlock, flintlock and wheel lock long guns are considered antiques no matter when they were made. Like older firearms of these types, they are exempt from the licence and registration requirements set out in the Firearms Act.
Percussion cap long guns and muzzle-loading black powder handguns made after 1898 are not considered antiques even if they are copies of an earlier antique model. Newer percussion cap long guns are classified as non-restricted firearms; newer handguns, including matchlock, wheel lock and flintlock handguns made after 1898, are classified as restricted if their barrel length is over 105 mm (about 4 inches), or prohibited if their barrel length is 105 mm or less.