Here is some further info on the approach. No additional tools are required - just the text tool. After selecting text tool, instead of clicking on the canvas to start writing, hold and drag the text tool to create a rectangle with a desired shape:

Once the rectangle is created, you will be able to choose to justify the text:

This behaviour feels like a bug at first, but actually makes sense, as you have to have a defined text area in order to justify the text within it...