I received my Ph.D. outside Canada. I gained experience in Canadian industry before receiving my doctoral degree. You would only be ineligible if you had Canadian industrial experience that was gained after you completed the requirements for your doctoral degree. Yes, but complete application packages must be submitted by each one. To be eligible, a company must demonstrate that it will provide a suitable industrial research and development environment.
More information is available at company eligibility.
You would not be able to apply for a fellowship with that company. However, another company that is eligible could still nominate you. An eligible company must nominate you for the industrial research fellowship. You need to research and negotiate this on your own. The company is responsible for completing Form 217.