It is odd that you would ask me about that section, because I was theamicus curiae to the Supreme Court in R. v. Lavigne, in which the Court considered precisely the possibility of seizing property obtained by crime. In fact it is a possibility, but a civil action and class actions are always possible.
Victim statements and the impact on victims are already provided for in the Criminal Code. Often, in cases, that is part of a settlement: the property is returned or is seized. The Crown has the power to make that kind of application, and we see it regularly in relation to proceeds of crime. So it could be a more viable option than the one being proposed.