Your interpretation sounds fine to me, but just to be sure, come on over. Though my back yard is 100% private, so you may be here for a while.
There is clearly a lot of ambiguity in this, in that there are some things you are fully allowed to do nude, downtown. Both the gay pride parade, and the World Nude Bike Ride (Toronto Version) are fully police approved and supervised, and full nudity is fine. Lets have the next Terb event be a totally nude march down Yonge street, to advocate for sex worker rights. I'm in, I will be wearing nothing but shoes and a mask.