This argument about the Canadian health care system ability to deal with a pandemic is ridiculous.
Provinces rely on historical data to construct their health care approach. ICU beds were modeled on data that they have compiled over decades: CFO's, who hold the reins, have analyzed and provided those numbers and provincial bureaucrats have dutifully endorsed them. It is, and always was, a numbers game. To now state that it is anything else is disingenuous or navel-gazing. The calculus is that people and economies are suffering and dying.
Perhaps it will have similar ramifications as the OPEC crisis in 1973. It was a world wide shock. As a consequence, global economies adapted.