Right... this is obviously the newer models with the 4 Picoliter nozzles.
Not 100% sure about it in this case... but I think it will still work, if you can find the chips and colors for the 12 cartridges.
Sublimation ink is water based, just like the canon OEM ink is.
None of the older bubblejet models were ever piezo. Always heated ink
https://www.canon-europe.com/about_us/about_canon/canon_technology/bubble_jet_technology.aspx
"Bubble Jet Technology
Bubble Jet is the name of Canon's best-known proprietary technology. A micro-heater is built into each ink nozzle of a print head.
Ink is heated by running an instantaneous electric current through the micro-heater, so that ink droplets jet out of the nozzle under the pressure of the heat. This technology has enabled us to offer much more affordable and high-quality printers than standard ink-jet printers using piezoelectric devices. The Canon Bubble Jet system is an unprecedented ink-jet printing method, born from the uncompromising desire of our engineers to create an ideal printer that makes everyone's dreams of imaging come true."
All of Canons older printers were called "Bubble jet".
Bubble jet technology - Canon Professional Network
"If you want colour prints up to A4 (210x297mm), or even A3+ (329x483mm), you need an ink jet printer. As the name suggests, ink is sprayed onto the print media – very precisely – and the tiny drops of coloured ink are used to build up the picture. Canon’s bubble jet (BJ) printing technology is a development of the ink jet-printing concept. Canon has recorded over 10,000 patents for bubble jet technology, which it introduced in 1983. Prints from some of the latest BJ machines are virtually indistinguishable from prints made on conventional photographic paper."
"How it works
A bubble jet printer works using heat. In very simple terms, an ultra-fine nozzle is connected to a reservoir of ink. At the front of the nozzle is a very small heating element.
When the element is switched on, a bubble forms inside the nozzle and a tiny drop of ink is expelled at high speed. When the drop hits a paper surface, it forms a round dot of even density and colour. The heating element is switched on and off in response to data from a computer, which processes the information from an image file. The computer may be a desktop unit, or a microprocessor inside your EOS camera, or inside the printer itself. The process takes place at incredibly high speeds. Some printers eject up to 22,000 drops of ink per second."
Update more history:
http://www.canon.com/technology/approach/history/print-tech.html
Passage of the Inkjet Approach from Concept to Conviction
The Soldering Iron and Syringe that Sparked the Invention
In the mid-1970s, Canon was among the first to recognize the true potential of inkjet technology, and proceed with the development of this technology. At the time, competition between Canon and a number of printer manufacturers to develop inkjet printing using piezoelectric elements led to Canon introducing a monochrome desktop calculator printer using piezoelectric elements in 1981. However, Canon continued to pursue a more advanced inkjet technology based on a new principle that could surpass printing using piezoelectric elements.
It was around this time that a fortuitous incident occurred. When an engineer was conducting an experiment, the tip of a soldering iron came into contact with a nearby syringe needle containing ink, causing ink droplets to spurt out from the tip of the needle. This was the moment that the idea of using heat became a firm belief. This led to a variety of experiments and tests, which in turn resulted in the creation of a proprietary inkjet technology that uses the heat from a heater to eject ink droplets. On October 3, 1977, Canon submitted a basic patent application for the world's first thermal inkjet (Bubble Jet) technology.