This course looks awesome.  It has everything a true Canadian course should have, lush vegetation surrounded by rugged terrain and water.  Bonus points for being a Stanley Thompson design. 

Here's what the official site has to say: 

Highlands Links is ranked 57th in the world and the #1 golf course in Canada by Golf Magazine (Sept., 1999). It is a true links course, framed by the rugged Atlantic coastline and the mountainous contours of the Cape Breton Highlands. George Knudson, Canada's smooth-swinging and most successful PGA professional, called Highlands the "Cypress Point of Canada". He'd stroll the fairways without his clubs just to savour the scenery.

Highlands Links is truly an authentic gem, designed and built in 1939 as Stanley Thompson's acclaimed masterpiece in Cape Breton Highland's National Park. Thompson called the Links his "Na Beanntan agus aMhuir", or "mountains and ocean" golf course. Like many courses in Scotland, the Highlands Links was designed simply to be played, experienced and enjoyed.

Ingenious routing from rocky headlands to lovely wooded glens, stupendous vistas, deep gullies and swales combine to deliver an exhilarating challenge. The course captures more of the Scottish tradition with its colourful Celtic names for the holes. Golf magazine described the course as one true to Thompson's belief in "strategic, natural holes with creativity around the greens" with "topsy turvy fairways that can result in uneven lies and odd bounces, but without being overly punishing; greens that are small and well guarded; and a superb collection of par fives, from the tight and mounded 570 years seventh (Killiecrankie), to the uphill 460 yard 16th (Sair Fecht) highlighting a balanced and enjoyable layout."

If my design expertise gets to a level that I'm comfortable with then I'm going to get as much info on this course as possible and take a crack at it.  I might even drive out to play and take notes.  Realistically though, if I do another project then it will be one of the following.

King Valley is a part of "Clublink" which also owns Glen Abbey.  As their site says, "King Valley majestically combines spectacularly beautiful terrain and design genius, creating one of Canada's most respected courses. Ranked No. 12 in the country by SCORE golf magazine, King Valley is the product of a collaborative design by Curtis Strange and Doug Carrick. Vast stands of tall pines frame holes that plunge, rise and roll across some of Ontario's loveliest countryside. From its opulent clubhouse to traditionally styled holes, King Valley exudes the nobility of North America's greatest parkland courses." 
I've played this one and it is very pretty and very tough.  Unfortunately, you have to know a member to play this beauty (I only sort of do).  I might also consider Greystone (Ranked #45 in Canada) or Blue Spings (headquarters of the Canadian Professional Golfers' Association) from the Clublink set of private courses.
 

From their site, "National Pines is rolling fairways, strategically placed bunkers and fast undulating greens. With its distinctive blend of links and woodlands, the challenge of Lovers' Creek and 5 sets of tee blocks, National Pines provides an enjoyable test for golfers of every level.   Located an easy 40 minutes from Toronto amid the picturesque farmlands south of Barrie. Golfers who appreciate the tranquility and beauty of natural surroundings will truly enjoy this championship course. Rated by SCORE golf magazine as one of Canada's 'Best Golf Courses' (#40),  National Pines continues to earn accolades for its conditioning, design and playability.

'plays like a Donald Ross Classic,
...the remarkable greens are my favorite
in the Greater Toronto Area.'
The Toronto Star's Bogey Man "

A beautiful public course, natural rolling layout with excellent greens.   I always really enjoy playing this course.  McBroom is another of Canada's top designers.