FYI you can run this tool locally, but it cannot save the results locally. It requires Google Drive to upload the data to a spreadsheet.
File download/screenshot does support local execution though.
I agree with everything you've said, except the last point. The federal government has shown that it will do what's necessary to maintain the status quo. As each COVID benefit runs out, another one is added to replace it. How long can they keep this going? I don't know, but I'm not willing to bet against all the people who own 1+ homes and the politicians who represent them.
I personally delayed buying a house in Toronto since 2013, thinking that it's too hot and it can't keep going up. I missed out massively. I don't recommend young Canadians to wait, but rather buy your primary residence if you can before you're completely priced out of the market. Just don't put all your investment into housing in the GTA, it may pop one day.
Can't schedule locally either, only in the cloud.