The problem is not with "startups". The problem is with scaling - there is TONS of startup activity going on in the Toronto, Waterloo, Montreal, and Vancouver a

The problem is not with "startups". The problem is with scaling - there is TONS of startup activity going on in the Toronto, Waterloo, Montreal, and Vancouver areas. If you look for it you'll see that it's thriving as more and more people consider startups to be viable career options. Very few of these companies manage to break out and go big - when the dotcom bubble burst, all of our former giants like Nortel and Corel imploded, leaving only RIM to pick up the pieces in the tech sector. There are reams of tech companies in the $1MM-$300MM space, a few in the $300MM-1B space, and basically one (RIM) in the $10B+ space. Getting capital to scale aggressively is a huge problem - it's just not as easy or as free-flowing as in the USA. However, foreign financiers are starting to notice that they can get better returns on Canadian companies because of a paucity of funding, so I'm hoping that will improve things over time. Otherwise, Canada is a fucking awesome place to start companies. We just need more people with the balls, the drive, and the unwillingness to accept no for an answer when it comes to raising money.