An important representation of the general-type fundamental solutions of the canonical systems corresponding to matrix string equations is established using linear similarity of a certain class of Volterra operators to the squared integration. Explicit fundamental solutions of these canonical systems are also constructed via the GBDT version of Darboux transformation. Examples and applications to dynamical canonical systems are given. Explicit solutions of the dynamical canonical systems are constructed as well. Three appendices are dedicated to the Weyl--Titchmarsh theory for canonical systems, transformation of a subclass of canonical systems into matrix string equations (and of a smaller subclass of canonical systems into matrix Schrodinger equations), and a linear similarity problem for Volterra operators.