Canadians primarily use Windows. Windows is an American subscription service "operating system" that sends heaps of data back to Microsoft. Microsoft is an American company and provides tons of information to the US Government. Canadians primarily have Google and Microsoft email accounts. Google and Microsoft are American companies that send tons of data to the US government. Canadians primarily have Google and Apple phones. Google and Apple phones track and record tons of information about usage and movements. Google and Apple are American companies, and, again, provide tons of information to the US Government. The Canadian government hosts a ton of its stuff in American Cloud Service Provider (CSP) ecosystems. The government has admitted that data in foreign CSPs are impossible to have sovereignty over. Tons of our governments information, including health records and regulated financial industries, are accessible to the US Government. What privacy are we giving up again?
Honestly, the vast majority of Canadians already don't have online privacy. The bill has issues, sure, but pretending like we had privacy is a farce in itself. One way to read the bill, is that the Canadian government wants to have the legal ability to get a tiny fraction of the data available via American companies to the US Government. They want to clarify that they have a legal right to demand Google reveal who the faceless-influencers are encouraging separatism, and want to have any company involved be compelled to name names -- and to prevent those sorts of companies from saying "We didn't keep the logs" or "We don't keep logs in Canada, so no!".