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Canada's Start-up Visa

cic.gc.ca

91–100 of 249 posts

Re: Canada's Start-up Visa

#91
post #80

Pretty interesting. Is there an equivalent to 500 or YC in Canada? What are the best tech cities in Canada? I know Vancouver and Quebec have universities with good CS programs, but that's about it.

Toronto, Waterloo, Vancouver, Montreal

In Montreal: Founder Fuel http://founderfuel.com/en/

Re: Canada's Start-up Visa

#92
post #77

Earlier quoted context omitted.

I actually want to set up a startup. But undecided on location, my current location will not do. I really want to go to valley, ideally get into YC itself, but the barrier to entry is high. How would you say is the startup culture over there in canada? How does it stack up against places like valley, london or NYC? Other and more accessible option for me is Banglore, no visa required (I am from India).

Ask yourself this: if you've never heard of startup culture in Canada, what is that indicative of? :) (Saying this sadly, as I'm a Canadian)

The nearly 500 tech startups in Waterloo was pretty big news a year or two ago, even on HN. Startup success seems to be the problem in Canada. I'm not sure I could name a single one of those companies, even after considerable time has passed since that media exposure.

It will be interesting to see if bringing in new cultural perspectives can change that.

Re: Canada's Start-up Visa

#93
post #80

Pretty interesting. Is there an equivalent to 500 or YC in Canada? What are the best tech cities in Canada? I know Vancouver and Quebec have universities with good CS programs, but that's about it.

Tech cities: Toronto, Kitchener-Waterloo (poised for decline), Ottawa (poised to bounce back).

School-wise, the best talent in the country tends to come from UToronto, Waterloo, UBC or McGill. That said, there are tons of great programs all across the country.

We have some accelerator-like programs and initiatives aimed at fostering an entrepreneurial spirit generally[1][2][3]. Nothing comparable to YC as far as guidance and connections go, though. But I don't think anything has been particularly successful.

[1] - http://www.extremestartups.com

[2] - http://www.thenext36.ca

[3] - http://marscommons.marsdd.com/

Re: Canada's Start-up Visa

#94
post #89
post #80

Pretty interesting. Is there an equivalent to 500 or YC in Canada? What are the best tech cities in Canada? I know Vancouver and Quebec have universities with good CS programs, but that's about it.

Ottawa is a tech hub, as that's where the federal gov't is. Waterloo is also important, as that's where our "MIT" is, and Google etc have offices there. All the easy money's in Calgary due to oil.

Google also has offices in Montreal, Toronto, and Vancouver. I think there's even another one between Toronto and Vancouver.

Re: Canada's Start-up Visa

#95
post #59

While this is great in theory, it's likely not going to lead to anything other than one marquee Toronto Star story about the foreign entrepreneur who found success in Canada. Canadian VCs are far too risk averse and conservative; that's why the uptick of start-ups in all areas of the country, even Toronto's own would-be "Valley" of Liberty Village and the Junction, hasn't fielded much in the ways of success. Until To…

You know they could have not introduced a startup-visa, because they thought they have too little VC. Instead they said, damn we really want young entrepreneurs to succeed and start a change. We don't have much VC money, but let's freaking execute by introducing a startup visa and that way state an example for the U.S. to follow.

The U.S. doesn't need any examples to follow since the machine seems to be running quite well. If anything Canada needs to set itself apart because we're losing too many entrepreneurs to the pretty neighbour below us.

Re: Canada's Start-up Visa

#96
post #44

Earlier quoted context omitted.

Your complaint is because US based developers are expensive? I hope that you don't think developers in Canada are dime a dozen.

Maybe not a dime a dozen, but developer pay in Canada does seem to be considerably lower. Up to 50-60% lower, according to others in a recent HN discussion.

Compared to SF or NYC, I wouldn't argue. But the rest of the States?

Re: Canada's Start-up Visa

#97
post #78

Earlier quoted context omitted.

You really nailed it.

I understand that often, metaphors are useful. However, I think this metaphor is both very poor and in very poor taste. For example, a government program could never experience any of the other effects of sexual assault[1] that are part of what makes rape such a heinous crime. I know that saying 'rape' and feeling like one can hide behind a literary claim may make one feel 'edgy' or whatever, but it just comes across…

Yeah it's bad taste, but I understood it to mean that the program would be taken excessive advantage of.

I'm not even sure if it's an attempt at seeming edgy or w/e. Maybe once upon a time it was, but it's become a pretty common saying by now. You're fighting the good fight, but I doubt you'll win. :(

Re: Canada's Start-up Visa

#99
post #37
post #30

i know that business taxes are relatively low, but what about personal incomes taxes? how will this affect having to pay double taxes (both us and canada). i believe you can write off the taxes you pay overseas, but you have to pay the difference in us taxes.

You'll never pay a dime of US taxes, since Canada has a tax treaty with the US and income taxes in Canada are higher than those in the US. Also, Canada has higher gasoline and alcohol taxes and double digit sales taxes in most provinces. Also, tax deferred retirement plans have lower limits than the US. That said, healthcare costs are minimal in Canada, which are a huge plus for entrepreneurs who may not always have…

> You'll never pay a dime of US taxes,

That's not true. You can only get an exclusion on the first $97,000USD you make outside of the US, so YMMV. In Vancouver or Toronto, you'd be pushing it.

Re: Canada's Start-up Visa

#100
This might seem a bit superficial, but one of the reasons I fear a move to Canada is the weather; not the weather per se, but whether someone like me born in a tropical country would adjust well to the cold? I'm concerned that I would relapse into a depression ushered in by the winter blues (used to be depressed in my 20s, not sure why, it went away after 30, not sure why either), and lose my productivity. As a separate topic, it's slightly unsettling how much the ability to work hard defines many of us.

For context, I was born in South India and currently live + work in Hong Kong. In Hong Kong, the temperature is around the same number as you see for, say, Victoria, BC, except for that the former is in Celsius while the latter is in Fahrenheit! :-)

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