I consulted with very reliable experts in Canadian law about the concerns for the new bill and when it is likely to pass. According to a very reliable source who has contacted CIC, they hope to have gone through second reading and approval sometime in 2015-2016. Also according to my source, there areas of the bill that would certainly be amended. Mostly in the section that requires minors (14yrs of age), writing the citizenship test and meeting the minimum language requirements. Also another area of concern for most parties would be taking power out of the governor in counsel's hands and transferring that power to the minister, who in turn can make decisions with no oversight or consultation. That I suspect won't sit well with many MP's regardless of party. Lastly it might appear that it would be common sense that a bill stripping a dual citizen accused of terrorism fighting the government (treason/high treason) would have overwhelming support but according to my source, similar plans have been quashed in the House in prior years, based on precedents set.
We also have to keep in mind that this is a major overhaul that could have major implications to the Country, I am almost a 100% certain it would not pass this year. Even conservatives that support the passage of this bill would want it done right.