Comment by saeidm

The problem extends beyond financing. As even the article says, successful companies like Shopify are able to raise $$$ from the US. It's also a scale problem. Canada has has, by my count, four micro tech scenes (Waterloo, Vancouver, Toronto, Ottawa). In a Country with such a small population, there really still isn't a "hub" for tech. With talent so dispersed (and much of it moving to the US as it is), it's hard to get talent for good ideas in one place.