Oy gevalt.
First, it looks like in general this law has more good than bad. Canadian copyright law hasn't been updated since 1997. The new law apparently includes:
• Granting individuals the explicit right to format-shift and time-shift for personal use (as long as the file was legitimately obtained)
• Specific exceptions for libraries, educational institutions, and "user-generated" content
• Exempts ISP's from liability for the actions of its customers
• Exempts the ISP from being required to take action against alleged copyright infringers
•
Expansion of "fair dealing" to include parody and education
• Gives photographers and painters copyright over works made on commission
So yes, it does include provisions to penalize circumvention of DRM, and from what I can tell doesn't address orphan works. Otherwise it seems like a much-needed update that explicitly grants useful rights.