“A canon provides answers to the two basic questions of life — ‘who are we?’ and ‘what should we do?’ — in ever changing circumstances and situations,” said the Oxford Study Bible (page 94).
In other words, canon is myth.
No, it’s the literary or oral vehicle of myth, while myth is the story itself.
As long as we’re on definitions, let me add that mythos is the spirit, the ephemeral quality contained in the myth: the content within the content.
Mythos is encapsulated in myth, and myth is both carried and stabilized in canon.
This makes me wonder: what is our — my — canon? The question following on its heels is, to which community do I belong? Because canon is a community food.