I'm in the same situation as the original poster.
I'm just trying to figure out how to integrate our Web application as an LTI tool with a Canvas LMS platform.
The first thing I noticed is that when I try to create a new "App" to integrate with (aka, my webapp) within Canvas I'm asked to provide a "Consumer key" and "Shared secret". It's by no mean related to LTI 1.1 since I'm using the current version of Canvas and it doesn't even ask me which type of LTI integration I want to support (so I guess/hope it's going to use 1.3 by default).
Also, is the "shared secret" the Tool public key?
More in general: is there a comprehensive guide anywhere that helps developers to understand how to integrate their app with Canvas using LTI?
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