I think this hits on the real, underlying issue: There is no free market competition in internet access. In the case of Canada it appears one state-owned company owns all the physical lines, and that company is starting to meter access.
So, a sensible approach by the government would be to review the actual access costs - whether it's $2 / 100GB or some other figure - then fix the price at that level. Review it every year. Fair for all. I am sure the guy using 275GB/month wouldn't mind paying $4 for it.
Unlimited access is unrealistic, as is gauging the public for 10x the fair value _when you're a monopolist_.