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Used to describe the transfer of goods from one person to another through a 3rd person. When Preforming an Operation Blue Canary means you state the name of the person who the goods must get to the 3rd person who will drop them off. It can be from across the room passing a note, or across the world passing... something...
Guy1: "Hey dude, Operation Blue Canary"

Guy2: "Mmk, Im down, who's the target?"

*Guy1 points at girl with note*

Guy2: "Gotcha."

*Guy2 grabs note from girl and hands it to Guy1*

Guy1: "Thanks Man."
by LimitlessEnigma December 06, 2009