Why is the Canadian Poker Championship in the Bahamas?

So I was checkin out events on PartyPoker.com and I come across this link for the Canadian Poker Championship for the WPT in Jan/Feb of 2006. I was like "wow sweet, an event in Canada!" Well not exactly, because its in Nassau, Bahamas at the Atlantis resort. Now I have been there and it will be an amazing event to say the least but I just don't understand the title. If anyone can explain it to be please do.
That has been Craig's Thoughts of the day. Brought to you by SINproductions.ca