Values will definitely increase. Non-eligible domainers should quickly clue in that they're now invisible, and don't have to worry as much about presence requirements. Hence, more bidders, equals higher bids.
not true, CIRA still holds the true registrant data they simply don't display it to the public. CIRA will continue to perform their Registrant Information Validation (RIV) and they will continue to delete domains if the registrant does not meet the Canadian Presence Requirements.