In January, Canyon said he would seek to be elected in Alberta's new Bow River riding.
Canyon posted his change of mind to his Facebook page on Friday afternoon.
The Bow River riding will include the communities of Brooks and Taber to the south of Calgary, but will also include a large chunk of land to the east and north of the city, all the way to the border of Drumheller. It encompasses part of what is now the Crowfoot riding, a seat held by Conservative MP Kevin Sorenson.
Alberta gained six new ridings in the recent redrawing of the federal electoral map, and will now have 34 electoral districts in the next election in 2015.
Also on HuffPost