I'm no expert on Canadian issue sporrans, but if this were in service I'd expect to see a bit of wear on the keeper and some wear in the area on the back panel where a sporran strap would rub against it.
It could be an officer's piece that didn't get a lot of use. It might have been purchased and then made redundant by a khaki apron, so it wasn't much used.
If it were me, and I were serious about it, I'd enquire with the seller to see if there is a name on the inside of the flap (which might help authenticate it, although that could be forged as well).
For the price it's currently at, it's a lovely sporran, with or without the WWI connection.
ith:
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