I bought a house with this tree that's bent 180°. Can anyone tell me how this could have happened or if it's somehow fixable?

This is in canada so I suspect this was caused by it being weighed down by snow over the winter but that really is just a guess. It's about 3-4 feet "high".

Can I coax it back to straighness or is it condemned to being bent over forever? If so I'll have to take it out of its misery because I can't stand looking at it.

Thanks in advance!