Other than the Dragon's Den show that makes a mockery of early stage entrepreneurs, or "cockroaches" as one panelist likes to refer to them, Canada has failed miserably to participate in the tech scene.

From a recent report by the Conference Board of Canada titled "Canada Fails to Put its Money Where its Ideas are—and it Shows in Poor Innovation Grade":

"Ottawa, April 4, 2013—Canada ranks second-to-last among its peers in venture capital investment and business R&D spending, according to The Conference Board of Canada’s ranking of innovation among the world’s leading economies. And the rest of the report card doesn’t get much better, as Canada ranks 13th in the 16-country How Canada Performs benchmarking."

Google the report if you have any dillusions about doing a startup up in Cantada

The state of local VC is only one of many elements to measure startup prospects in a market. Given "the market" is becoming more global, I'd argue "local VC" is becoming moot

The inability to access vc in Cantada is moot, maybe if you're 16 and living with your parents.

I suppose Canadian bootstrappers could always mine for bitcoins... that's pretty modern, global too!

would be funny if wasn't so true

take a look at succesful startups - with exits - almost all were .com's

why try to reinvent the hot water?

boredom mainly and loneliness

I dont use it much