With the Canadian dollar going back down against the US dollar labour is even cheaper. It's annoying as a worker that salaries for IT in Canada lag the US, but good for companies.
The Canadian startup scene to me is something where you get an interesting flavor for every city. I'm based in Montreal, and you definitely get a social enterprise and creative view that might be different compared to other ecosystems. The startup scene can only benefit from more money and resources flowing into areas where different perspectives and innovations can thrive.
I would guess this is good news.<p>What I'd be interested in is how local this phenomenon is though. The major Canadian cities essentially seem to be isolated ecosystems, so what might apply in Vancouver would be next to meaningless in Ottawa.
With the increasing housing price here (bay area), it's probably time for me to go back in Canada (I was originally from Canada), Anyone else had done it?