That is not my reading of the history. My understanding is that Manitoba came into existence as a result of peaceful Metis activism and was to be a Metis "homeland." The violence only started when the federal government realized that maybe wealth and power was flowing to the "wrong" people and took action to "correct" that, culminating in the Battle of Batoche, where Metis took their last stand against land theft and further displacement.
I'm an old white guy, but was raised to view the Metis and their leaders as heroes in the struggle against Ottawa's exercise of unjust control over the Prairie Provinces. I'm about as far from a Western Separatist as can be, but I firmly believe that Western Separatism is a continuation of that struggle, despite now excluding those who fought and died and, yes, killed during the earliest days of that struggle.
There was a time when potential financial benefits were secondary to the need for shelter. Over time, the loss of pensions and other factors forced people to put more emphasis on the financial returns. Then institutional investors found ways to turn housing into an asset class. That accelerated the growing perception that housing was about returns on investment, with shelter as a beneficial side effect. Now, the "shelter" component of housing is only just starting to become part of the discourse again, but is still mostly considered a side effect of housing as a financial investment.
Shelter will continue to be a problem until we go back to a system where housing is about shelter and prices rise at about the same rate as inflation (or slower, due to increased productivity!).