You can still do this. It's called AutoText. See
http://word.mvps.org/FAQs/Customization/AutoText.htm

--
Suzanne S. Barnhill
Microsoft MVP (Word)
Words into Type
Fairhope, Alabama USA
Word MVP FAQ site: http://word.mvps.org
Email cannot be acknowledged; please post all follow-ups to the newsgroup so
all may benefit.

"wfholmes" wrote in message
news
I want to be able to keep canned copy that can be easily inserted into a
document.

I used to be able to do it by typing in a key word and pressing F3 to
insert
the copy.