Complex sentence: Stabilo are currently preparing their second album for Virgin Canada which is slated for release April 4th, called "Happiness and Disaster", and the new single "Flawed Design" is now being played across Canada.
Split into simpler sentences: Stabilo are currently preparing their second album for Virgin Canada, slated for release on April 4, called "Happiness and Disaster". Their new single "Flawed Design" is already being played across Canada.