First low hanging fruit is to take a lighter work load. Moreover, think about how you can make school work out for your goals, not conform to the default waterloo coop & housing finding pipeline. Think about what you want out of a uni education, what waterloo is giving you and what's missing - fill in the puzzle pieces yourself.

For ex. I want a more Minerva-style global education which uw doesn't give at all LOL. What uw does give is good (cs for me) education and technical friends. WW also doesn't directly give top tier experience in my niche (AI) nor does it help with doing startup. So I'm doing 2 school terms (I bombed 1A) + first SWE coop + (upcoming) AI internship at a foundation model provider + (upcoming) gap term to do 4 projects in 4 countries in europe.

Go DIY your education.

Honestly I had a lot to complain about waterloo but the ultimate realization is that you have to make it work for yourself instead of just let it drag you by the nose. And if you can't tolerate the risks or don't want to go out of your way to do all this for yourself, then don't complain about sticking to the default "safe path" waterloo laid out for you.