The way I see it (and maybe I'm wrong, somebody correct me please):
-a fifth year of undergrad, even with say a 3.92, wouldn't help me much. My GPA is so low because of my 1st year in business, and then the 1st year of my BSc, so even a stellar 5th year would just get me to maybe 3.7 overall (not great).
-since my last two years are so strong, I've essentially restricted myself to Ottawa (wGPA would be 3.85-3.87 depending on how this year wraps up), and Queen's, Western, and Dal, since they only look at the last two years (or the best two, in Western's case).
-If I improve my VR score, Western and Queen's are viable options, and if I become a maritime resident (say, after grad school, or taking a year off to work, or by convincing them with some personal reasons I won't get into here) then Dal could be a viable option too. I'm assuming that even though I meet cutoffs for Dal, I wouldn't really be that competitive as an OOP.
Any major flaws in my logic here? This, to me, seems to point to trying to up VR this summer, and applying to the aforementionned schools in the fall. Seems a shame to re-write an otherwise decent MCAT...