"Canadian cricket fans will have a great opportunity to see up close numerous world's greatest players, and I'd like to thank International Cricket Council, CWI and the international cricket community for their guidance and support in growing cricket in Canada".
Cricket Australia told AFP that Smith had the support of the governing body to play in the Canadian event.
Smith would require permission from Cricket Australia to play. Cricket Canada aims to start a T20 league with six teams that'll play 22 matches in a month-long tournament.
This will mark his return to competitive cricket after Cricket Australia imposed a year each and a nine-month ban on him, David Warner, and Cameron Bancroft respectively, in the wake of the ball-tampering saga on Australia's recent ill-fated tour of South Africa.
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Dwayne Bravo, Lasith Malinga, Chris Lynn, Darren Sammy, David Miller and Sunil Narine were also named as marquee players.
These include Edmonton Royals, Montreal Tigers, Toronto Nationals, Vancouver Knights and Winnipeg Hawks.
"Canadian cricket fans will have a great opportunity to see up close numerous world's greatest players, and I'd like to thank International Cricket Council, CWI and the international cricket community for their guidance and support in growing cricket in Canada", concluded Saini.
Smith admitted having knowledge of the plan but failed to stop Cameron Bancroft using sandpaper to tamper with the ball on the third day of the third Test against South Africa. Sources have told ESPNcricinfo that players who signed up had to set a reserve price for the draft, similar to the CPL and they can not be drafted in a lower priced round than their reserve price.
He will also be involved in pre-season training and helping with the club's youngsters. Warner has been on the books at Randwick Petersham since 2013/14 after joining from the neighbouring Eastern Suburbs club.
The league has a strong West Indian flavour.