No. There is no immediate impact. When they're moved to a schedule to the act, these sectors that were previously excluded under the HPA remain excluded as they're moved to the schedule. What it does allow is that in the future, these sectors could be brought under the Hazardous Products Act, but to do this a full regulatory process would be required, including a cost-benefit analysis, consultations, and prepublication in the Canada Gazette.
On May 29th, 2014. See this statement in context.