Sadly, it's all true. You'll have to see if your province covers any financing for international study. If not, the best you can do is a combination of private institutions (which means hella credit rating) and CanHELP (Google it, I'm too lazy to find it, sorry). You can finance your education, but your loan payments are going to be ridiculous compared to all of the American kids around you.
This is why people never understand why I'd take a lesser school with scholarship over a T14 any day. They figure a 200K loan is a 5-7 year deal. For me, it's closer to 10-12 years. MAJOR difference.