Noah, I wish housing was the only major issue here, but Canada also has a massive protectionism/bureaucracy problem that the world (and many Canadians) are unaware of. Housing, arguably, is just one symptom of this. Canada's going to increasingly punch below its weight despite its great human capital if there isn't a big shift.
Good starting point here: everybodysbusinesscanad…
The strangest thing reading this as a Canadian is that we 'know who we are.' The idea that Canada has no real identity and can only define itself in relation to the US is so ingrained, it was actually taught in our Civics classes! But I really think this Maximum Canadian identity can be a good and modern one, separate from the American one and hopefully somewhat inoculated against nativism. Now about those houses...