Yes.
Your feedback is only displayed for 12 months (to the day, probably).
You will also find that when you do list you will be subject to the same restrictions as a new seller, which includes a 21 day HOLD on your customers' payments against your good service.
You will be able to print PP shipping labels from their payments however. And you still get the 5% to 18% discounts on some Canada Post services.
There will also be some restrictions on the number and value of the items you list.
All this is a Buyer Protection policy and is not personal.