Copying my reply from the status update since it looks like the question was asked twice, once here, and once as a status update.
Michael Henry, what happened specifically when you tried? Aside from the insecure content issue covered in Which browsers does Canvas support? and How do I embed a lesson inside a Canvas course? this seems to work fine for me. I went to the link you posted, under the video player I clicked on "Embed" and copied the iframe code. I hopped into a Canvas page, swapped to HTML editor, pasted the iframe code, and then (after telling my browser to "load unsafe scripts") was able to view and interact with the video.
This discussion post is outdated and has been archived. Please use the Community question forums and official documentation for the most current and accurate information.