"If a non-Canadian is convicted of having contravened section 4, the superior court of the province in which the residential property to which the contravention relates is situated may, on application of the Minister, order the residential property to be sold in the prescribed manner and under prescribed conditions."
IANAL, but between the two sections we've excerpted, and the already-posted, short law, it doesn't seem particularly well-designed, except as a temporary budgetary boost to the government.
I know that for immigration and citizenship cases, officers at the border are called minister's delegates in certain contexts: they do things that the law authorizes the minister of immigration to do.
It's not like the minister has to get personally involved. It just means the ministry is in charge of referring cases to the court, so they will create an office and hire a bunch of bureaucrats to do this.
Given the government's storied, multilateral, multi-decade unwillingness to do anything about the housing crisis (many MPs and MPPs are landlords!), I just don't see this law as anything but a $10,000 cost of doing business.