What is the significance of bill 101 significance to Canada today?

It's an anti-redundancy bill, sponsored by the Canadian Department of Redundancy Department. Canada is tired of people unnecessarily using the same words repeatedly in the same sentence unnecessarily. Something has to be done. Either that, or it has something to do with French.
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Either way, the question doesn't seem to belong in Mythology & Folklore, so use that Edit button beneath your question to find a better category.
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Canadian bacon.

There isn't any.

Read the text of the bill, and figure it out.

NEVER HEARD OF CANADA