I live inside that ring. Bought a 5 bedroom house for around $100k 3ish years ago. Been putting some work into it, hoping to sell in a couple years to move even deeper into the ring.
The biggest problem is employment. I got lucky and landed a great job that pays well. The second problem is cost of food as it highly depends on location. If I drive an hour south or east, I can reduce my food costs by around 30%. Not everyone has that ability because of the bigger problem. Gas price is the 3rd biggest problem, we're on average 20-30C more per liter than outside the ring.
Then there's the actual places. So many have very poorly run municipal governments that are full of the dumbest motherfuckers around who sink entire budgets into poorly thought out capital projects and raise taxes for decades after. Poor tax enforcement so that there are many properties with years in outstanding tax debt that doesn't get collected, which leads to even larger budget shortfalls and more tax increases. Every now and then I'll see a tax sale listed for $20k+ because the owner died and no remaining family could afford to claim the property because it the outstanding tax debt.
This is why I want to move into the bush where I have no neighbours, because at least the miniscule tax burden is less of a slap in the face when I look outside and see nothing coming back from it.
The worst part is that there really is a lot of habitable land but it would require employers to make a big push for remote jobs (wink wink federal and provincial governments)
Sure winter is colder up north but even 50km North of the major city centers the land is empty...
I mean, there's lots of land for the cities to continue sprawling into as well, at least in the west, not to mention tear-downs and brownfields for infill. The bottleneck is actually just building stuff.
Sure, but we need to have people on our territory as well... And let's be realistic, most people want space and it's beneficial to people's mental health to not be stuck in super dense living conditions... More small cities with all services available would be a great thing (I'm saying that as a person living in a small city of 7k with all services available).
Edmonton is the farthest north you can go in the western hemisphere while still having over 1 million people, and yet we still have people that complain about the winters ¯_(ツ)_/¯
Also we hit +40C/104F last month so that was fun.