Here is an excellent post on Reddit summarizing what the bill will do:
http://www.reddit.com/r/CanP40S3/comments/e0xq7/c52_an_act_regulating_telecommunications/
And a letter from the Canadian Privacy Commission about the bill itself and the dangers it poses:
http://www.priv.gc.ca/media/nr-c/2011/let_110309_e.cfm
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