That would completely eliminate the purpose behind having classifications in the first place. I think reclassifying the AR is much more likely overall than allowing handgun use anywhere firearms are legal.
OP, do I think it is possible? Yes. Do I think it is probable? Nope.
The CPC are clearly demonstrating that they have no f**king clue about what is wrong with our gun laws and adding in a big helping of not giving a s**t about personal rights or freedoms on top of that. And this from the GOOD party in federal politics. Unless we see a large change in attitude with the CPC, the LGR elimination will be the one change we get for the foreseeable future.
Mark