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Toronto is poised to become a producer of tech startups

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Re: Toronto is poised to become a producer of tech startups

#14

"Toronto is already home to a number of successful venture-backed businesses, such as Shopify, KIK, ..." Fact check time. Shopify's headquarters is in Ottawa. Kik is in Waterloo.

Waterloo is arguably part of greater Toronto. The local commuter service (Go Transit) reaches all the way to Kitchener-Waterloo. I say "arguably" because it's a two-hour train ride each way, which is pretty brutal.

Waterloo is over 100km away from Toronto

Re: Toronto is poised to become a producer of tech startups

#15

Who is going to move to Toronto to join the tech scene? If given the choice who is going to choose Toronto over Bay Area or Seattle? Without it having a massive draw it won't even register compared to Bay Area or even Seattle.

Waterloo and Toronto alumni, presumably.

Re: Toronto is poised to become a producer of tech startups

#16
Waterloo has been investing heavily in improving their public transit infrastructure in recent years:

https://en.wikipedia.org/wiki/Ion_rapid_transit

http://rapidtransit.regionofwaterloo.ca/en/projectinformatio...

Once it is completed, I think this will make Waterloo and Toronto feel a lot closer together. Note that the 'transit hub' mentioned above is a 2 minute walk from communitech (https://www.communitech.ca/), Google, Shopify, D2L etc.

Re: Toronto is poised to become a producer of tech startups

#17

Who is going to move to Toronto to join the tech scene? If given the choice who is going to choose Toronto over Bay Area or Seattle? Without it having a massive draw it won't even register compared to Bay Area or even Seattle.

People without US citizenship/residency?

Re: Toronto is poised to become a producer of tech startups

#19
Eeh ... as a Torontonian developer I don't buy it. Most of the good graduates we have move to Bay Area or Seattle. If you want your career to progress meaningfully you pretty much have to move to the states.

Maybe this might change in the future but the story on the ground is very different.

Also nitpick - we are the fourth most populous city in North America, and only Mexico City, New York and Los Angeles have a larger population. As of mid last year, Toronto contains more people than Chicago.

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