Wow, it's particularly bad!
f.they unconditionally and irrevocably consent to any act or omission that would otherwise infringe any of their moral rights in the Materials (as defined in Part IX of the Copyright Act 1968(Cth)) and present and future rights of a similar nature conferred by statute anywhere in the world whether occurring before or after this consent is given ("Moral Rights");
g.they waive all Moral Rights in the Materials that arise outside Australia; and
h.they will not institute, maintain or support any claim or proceeding for infringement of their Moral Rights in the Materials.
They're covering every single base so they really can do absolutely anything they want with no recourse at all.
Josh - have you contacted Canon about this at all?