Changing font size without resizing the text box (on a canvas)

Ok, I may be missing something very obvious here, but I want to be able to have a large text box with small text, so I can accommodate a lot of text within one box. However, when I scale a box up, the text scales in size with it. Is there a way to size the containing box and the text size separately?

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Would love to see if any knows about this. Been trying to figure it out myself