Legally, he's supposed to turn over the space junk to the owners, and he doesn't want to fight SpaceX, especially if they are being polite and provide a healthy donation to the Ituna skating rink as he requested.
But it's totally unclear if Canada has any laws on the books that could be actually used to compel a Canadian citizen to hand over a piece of space junk to a company in another country. So, from a space law standpoint, it would be a lot more "fun" if he refused. What would happen?
After meeting him, I drove around the area - if that big a piece (it's 100 pounds and 4 feet by 6 feet) made it to the ground intact, then smaller pieces definitely did too. We didn't find anything, of course. It's a HUGE area to search.
But I got a piece of paper and wrote "Did you find space junk? Call me!" with my name and number and left it on the small town co-op bulletin board, and I talked to the small town newspaper journalist who first wrote about it.
So the saga will continue...