Not in my understanding.
The recent supreme court decision related to this announcement and several others recently indicate that according to our Charter of Rights and Freedoms, we're guaranteed the right to privacy, and our actions online have a reasonable expectation of privacy and annonymity. Constitutionally speaking, we're safe online from unreasonable (unwarranted) search, it's not an issue of *a* law, it's an issue of the supreme law of the land. The government could try to amend our Charter to remove, or reduce this right, but that's a complicated process.
Any laws passed here have to be constitutionally sound, and lately the supreme court here has been coming down on what many are seeing as government overreach.