Maybe you can answer a few questions that could help in the search.
Did John go to family or friends in Australia or just immigrate. It seems a long way for a 17 year old to go if he wasn't going to friends or family. You haven't told us if there were siblings or not. Do you know what his religion was as that can narrow down some possibilities. Most people use an ethnic background when talking about themselves such as English, Irish, Scot, etc.
If John went to family or friends, do you know if they immigrated from another country such as England.
I found a possible match but need more information
1911 Ontario Lincoln 18 Grantham
Stephen Taylor, b. 1888, England, age 23, boarder, immigrated 1906, Presbyterian.
In the same area
1911 Ontario Lincoln 21 Grimsby North
Lipsit changed to Lipsil on corrections page. Ontario had the greatest number of Lipsit and alternative spellings. The origin of this family appears to be Dutch.