Numerous Canadian startup success stories continue to appear regularly and make the news pages of tech publications very positive. While business in Canada has always been strong, the last few years have seen a tremendous increase in venture capital, making this country a strong competitor and one that should not be ignored when choosing where to establish a startup.
While Vancouver is undoubtedly a picturesque and livable city as it is located on the west coast with all the beauty of the Pacific Coast and surrounding mountains, there is also strong evidence that Vancouver is a great place to incorporate startups.
Although it is much smaller than Toronto, it also boasts a large number of talented and creative engineers, as well as the support of the Canadian government.
It is also interesting to note that since Vancouver is located on the west coast, it is in the same time zone as other major cities and venture ecosystems such as Los Angeles, Seattle, Portland, and of course San Francisco. Vancouver’s geographic location makes it the best Canadian city to connect with other West Coast American tech centers.
Like Toronto, Vancouver too boasts several big startups that are part of the unicorn club. While Toronto claims two of these five companies, Vancouver claims the other three: Hootsuite, Slack and Avigilon.