The Collaborative International Dictionary of English v.0.48:

Canonize \Can"on*ize\, v. t. [imp. & p. p. Canonized; p. pr. &
   vb. n. Canonizing.] [F. canoniser or LL. canonizare, fr. L.
   canon.. See Canon.]
   1. (Eccl.) To declare (a deceased person) a saint; to put in
      the catalogue of saints; as, Thomas a Becket was
      canonized.
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   2. To glorify; to exalt to the highest honor.
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            Fame in time to come canonize us.     --Shak.
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   2. To rate as inspired; to include in the canon.[R.]
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