Those two provisions—the one in the bill and the one in section 380.1 of the Criminal Code—are not in conflict. As you know, the aggravating provision in section 380.1 has to do with fraud
The aggravating circumstance proposed in Bill C-36 is intended to be applied generally. So it would apply to all the other cases, except fraud, since cases of fraud already constitute a specific aggravating circumstance. Why was “financial situation” mentioned in this case when we have an aggravating circumstance? It is to address all the other offences that could affect a person's financial situation and that would not be covered under section 380.1, such as theft over $5,000.
To some extent, all elder abuse situations would be covered, even if it was fraud, under section 380.1 or the provision in Bill C-36.