No, that's not the right procedure.
You have to:
Get a Canadian Class I medical
Do 3 written exams. The IFR exam and 2 ATPL exams.
Do the Multi IFR Flight test. May do be done on a sim ride or in a light twin.
For a better breakdown with links to references goto:
http://www.harvsair.com/training/con...index.htm#atpl