Yes, the key word in their description is "similar". Not the "same". I'll see if I can dig up the official Canon literature that explains this.
For instance, if you have a Canon 1D series and say a 70-200 2.8IS attached, that combination, even without a filter on the front, is "weather-sealed". You should be able to stand out in the pouring rain ( I have many times ) and they won't be affected. Some of the other "L" lenses, like the 17-40, are not "weather-sealed" without a filter on the front. If I remember correctly Canon and Nikon have a rating for how much they can handle. To be sure, a lot of people still cover their gear up. When I'm hiking I don't bother and haven't had any problem in heavy rains - yet.
It can also depend on the year the lens was made. Some of the newer "L" lenses now have weather sealing while the older version didn't.
Here is a website showing the 17-40. Go down to the bottom of the page and he has an animated gif with an explanation.
http://vahonen.com/photo/equipment/lenses/Canon17-40F4L/It can be a moot point if a non weather sealed camera body is being used as that will be the weak link.