Dierdre McMurdy of the Ottawa Citizen confirms widespread speculation that a copyright bill is only a few weeks away. The article notes the strong link between the bill and U.S. pressure with reports of meetings between U.S. Ambassador to Canada David Wilkins and both Industry Minister Jim Prentice and Canadian Heritage Minister Josee Verner. That said, the article doesn't get it all right – Canada didn't sign ACTA (we only agreed to participate in the negotiations), Microsoft's move to Canada has more to do with U.S. immigration policy than Canadian IP law, and Wilkins typically (and misleadingly) claims Canada has the weakest copyright law in the G7, not the G8.
Update: Howard Knopf offers a baker's dozen reasons why Ambassador Wilkins' characterization of Canadian copyright law is wrong.