I can't take a position on the specific legislation, but what I can say is this: There certainly is a role for appropriate legislation and regulation in addressing disinformation.
It is also not possible, as the British scholar Sonia Livingstone has said, to be literate in something that is not legible. In order for Canadians to be able to critically engage with the media that we consume, it needs to be at a certain level of transparency, whether that transparency has to do with making things like hidden hashtags clear or whether it is about making clear how algorithmic decisions are made in delivering or recommending content.