Would be very unpopular, but the logical solution in my eyes is, incentivize/promote relocation to rural communities in Saskatchewan & Alberta. There is no shortage of homes there, could take your pick of any 1970s built bungalow for $125-200k, and it'd be massively beneficial to those communities. This idea is realistic today with so many people employed in WFH positions.
Canada is an enormous country, and is fighting a battle of trying to squeeze 75% of it's population into 5% of it's land-mass. The solution seems obvious.
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