I would live with it if I already had it (damp mop it, don't sweep), but no way would I ever consider installing it, even if Canada didn't get around to passing sorta- comprehensive legislation just two years ago.
VCT and its adhesive are cheap enough to not have to worry about having asbestos, but VCT still requires regular maintenance like VAT (Armstrong, who paid out billions in asbestos- related settlements, brought out VCT with a much more durable finish in the last year or two, but it's expensive)- much more than pretty much all other flooring types except oiled or waxed wood. Not- so- great LVT is cheap, too, and similarly easy to install; the click stuff as well.
I'd expect asbestos regulations in Canada to get stricter in the future, so you'll be creating a problem you could easily avoid, and it's a pain in the *** to keep it looking good.
What product were you thinking of using? I've come across new VAT many times here in the US in the last 15 years but never in any quantity, just a box or two at a time.