There was a lot of talk a few years ago about Canada, particularly the Waterloo region, as being Silicon Valley north, which is still a viable way to look at things. The challenge there is that there are not enough companies at that start-up level to attract the attention of U.S.-based VCs. We actually have the opposite problem, where a lot of those start-ups are now going to the U.S. to look for capital. It's easier to do. One of the things we should probably be looking closer at is developing a larger or central hub for that start-up community.
On May 10th, 2016. See this statement in context.