I'm still expecting the Pro package of F1 TV to become available in Canada this year. So far, since Liberty Media bought FOM, every TV deal made had F1 TV Pro made available. Liberty Media is even ready to lose money to make sure they can offer the Pro package (remember the switch from NBC to ESPN in the US).
I can see the new deal between FOM and, presumably, Bell Media being at a lower price. With a lower fee to pay (or, maybe, no fee to pay), could the races be broadcast commercial-free ? Well, TSN is broadcasting Formula E since November and all 3 races run so far as been commercial-free.