I ended up getting my "Collectors Status" due to the encouragement of the RCMP. Years ago when Tariq handguns hit the market I purchased three of these rifles from Frontier Firearms. I was on tour at the time and I got a call from the RCMP stating that they had concerns about transferring three of the same pistols to my person especially as I had "a lot of firearms" (long gun registry was still in place). I explained that I wanted these three pistols as a target shooter, as a collector of milsups and as an investor. They explained that I would have to apply for "Collector Status" (very easy) and they insisted on inspecting safe storage and doing an inventory on all my firearms before allowing the transfer of the three pistols. They waited for me to come back from tour versus bugging my wife who did not have access to my firearms and it all went pretty well. The AB CFO arrived with the transcript of firearms with a local RCMP officer and we examined the collection and storage. Some of the comments of the CFO and local RCMP member were upsetting regarding the requirement to own a BD38 (now confiscated) and why anyone would need to own tracer or armour piercing ammo (much of which I would classify as WWII collectors ammo).
The Collectors License saves you if your range membership ever expires and I find gets transfers done slightly quicker especially when making bulk purchases of restricted firearms. It has not advantage for long arms. The range membership is handy as you can get a Long Term ATT for going to the range and gunsmiths. The Collectors License does open you up to inspections, but the firearms act already does that - most people don't realize that point - the Collectors License just highlights that power. I haven't had an inspection since that one inspection. The Collectors License has saved me as my range membership has expired a few times.
I don't really see a fuss, just be aware that the Collectors License may require an inspection, but simply owning a firearm, or ammunition or even having the receipt of such can open you to an inspection. You don't even need to own or be in possession of one of the above all they need is a suspicion that you are in possession of one of the above and they can do an inspection.