You read it right: Pope Francis has approved the canonization of Popes John XXIII and John Paul II. While John did not live to see the end of Vatican II and the destruction of the Mass, John Paul ended communism in Eastern Europe, and was partly responsible for the Fall of the Berlin Wall.
Many traditionalists are not going to agree with this because John Paul never said the Traditional Latin Mass publicly as Supreme Pontiff, and presided over two interfaith Assisi meetings. It is also interesting that the second miracle was waived by the Holy Father for John XXIII, who died fifty years ago during Vatican II. But nearly everyone canonized John Paul II as soon as he passed away in 2005!
Since St. John Paul's process was jumpstarted too soon, Fr. Patrick de La Rocque, SSPX, documents the process in Pope John Paul II: Doubts About a Beautification, and explains why this was mistakenly done. (I have never read the book, so I am basing this on promos from the publisher, Angelus Press.)
Whether or not you agree with this or not, they are now Saints. As of this posting no date has been announced for the canonization ceremony, both of these Saints have been venerated liturgically 11 days apart for the past two years. St. John XXIII is commemorated on October 11, the Feast of the Maternity of the Blessed Virgin Mary. St. John Paul's feast day is currently observed on October 22.
(Please note since these are new saints, these feast dates, although written in the Novus Ordo missal, are applicable to the 1962 Missal, since they were never transferred after Vatican II to begin with. The Mass would be Common of Saints I: Common of One or Several Holy Popes, with each their own collect.)