Yes, when it comes to the proposed section 181 regulation-making authority, which the amendment speaks to, if the regulations were to be made and that authority were to be exercised through a process that would involve meaningful consultation with all stakeholders, it would allow the flexibility for employers such as in the example you gave, who would have coverage in federal and provincial jurisdiction, to receive an exemption from the federal act and perhaps a dispensation to comply with the provincial one.
On November 20th, 2018. See this statement in context.