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Unhook it and see if you can stand the gas smell as you walk by your truck or how bad your shed is going to smell like raw gas. GM put it there for a reason, I'd keep it if it were me.
There is no practical reason to remove the charcoal canister. Even for hot rodders who don't want ugly stuff in their engine bay, it can easily be relocated to a safe place under the vehicle and out of site. Your fuel tank needs to vent for refueling, consumption, change in temperature/pressure etc. If yours has failed you can get a replacement unit. Why do you want to take it out?