Second reading (Senate), as of April 7, 2022
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This is from the published bill. The Library of Parliament often publishes better independent summaries.
This enactment amends the Governor General’s Act to provide that a Governor General is not eligible for a retiring annuity or other benefits unless they hold office for at least five consecutive years.
All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.