Michael Geist notes things look much better after today's Committee meeting:

The Conservatives reversed course on plans to water down Bill C-27 in
an aborted clause-by-clause meeting today that promises another 48
hours of intense lobbying on the anti-spam bill.  Parliamentary
Secretary Mike Lake opened this afternoon's meeting by putting the
Government's proposed changes into the public record. Most notably, the
Conservatives have dropped their support for exceptions for survey and
marketing companies (a huge loophole), self-regulated organizations
such as the Law Society of Upper Canada, and third party referrals. 
This brings the bill much closer to its original incarnation with some
minor tweaking and clarifications.

[ Sign the CAUCE online petition to support Canada's antispam bill C-27
http://www.ipetitions.com/petition/SupportC27/ ]