No. It is on a Thursday this year. Like all holidays if it is on a Saturday or Sunday it is observed on the Monday. But it doesn’t move if it is on Tuesday Wednesday or Thursday.
The official holiday is always on July 1, but when it's midweek, celebrations often don't get rolling until late in the day (eg [1]). I've always interpreted this as an acknowledgment that a lot of employers let people switch the day-off to a nearby Friday or Monday.
[1]: https://kitchener.ctvnews.ca/canada-day-2015-13-places-to-ce...