Maybe it could show "Canada - Wikipedia" like the page authors intended as a title. Maybe if the page authors want to have links between languages, they could code that in a standard markup language themselves.

These aren't decisions for a useragent to make, and there aren't enough browsers out there that people have a reasonable choice.

Bastardising the url isn't a solution to anything, it's a step towards something that Google, not users, want (in making AMP "trivial").

Hiding the URL would be a terrible idea, no matter how much "simpler" it would be for the average user: it would either only be enabled for a handful of websites chosen by Google (which would mean having an inconsistent UI) or create a lot of security issues (what if someone creates a website and manages to also display "Wikipedia FR" with a similar layout?).

No, it's really important to retain all those dots and slashes. This is not sarcasm. I'm being completely serious when I say this. It's really easy notation, and the differentiation of context for dots, slashes, question marks and hashtags is really useful.

  Wikipedia FR > Canada

I look at that angle bracket with the white space, and I get chills. And I'm not even drawing attention to that oh-so-glaring omission of the /wiki/ context. Truly horrifying.

Repeat. This is not sarcasm.

Dark roads ahead, friends.