In committee (House), as of Dec. 13, 2023
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This is from the published bill. The Library of Parliament often publishes better independent summaries.
This enactment makes it an offence for organizations to make sexually explicit material available to young persons on the Internet. It also enables a designated enforcement authority to take steps to prevent sexually explicit material from being made available to young persons on the Internet in Canada.
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.