This bill was last introduced in the 41st Parliament, 2nd Session, which ended in August 2015.
Second reading (Senate), as of June 22, 2015
(This bill did not become law.)
This is from the published bill. The Library of Parliament often publishes better independent summaries.
This enactment amends the Firearms Act to tighten the rules governing the transportation of firearms that are not hunting firearms. It also replaces the concept of firearms registration with that of firearms inscription and restricts the locations where firearms subject to an inscription certificate must be kept. Finally, it amends the Criminal Code to make changes to the definitions relating to firearms, by defining “hunting firearm”, amending the definition “prohibited firearm” and replacing the definition “restricted firearm” with that of “circumscribed firearm”.
All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.