DL Canada is an epic place to build a startup right now.
We have world-class talent coming out of our universities. Sure, some graduates head south, but most stay here, and they're brilliant.
At the same time, the financial advantages are real:
- Sell to the US but build your team in Canada = automatic 40% discount on salaries
- SR&ED tax credits give you 30-65% off engineering costs
- Lower customer acquisition costs in our less competitive market
- Similar market to the US but easier to gain initial traction
American competitors won't bother with us until they've dominated at home.
That gives Canadian startups room to breathe, build, and win locally before taking on the US.
I'm not saying we're better than San Francisco.
We're not. Nowhere in the world is.
But you can absolutely build a meaningful, successful business right here, and there are real structural advantages for doing so.
According to Garry Tan, YC companies that move to the US are 2.5x more likely to become unicorns.
Following the data is important, but this is a lagging indicator. The best entrepreneurs don't follow well-worn paths, they create new ones.
Stop complaining about building in Canada and start seeing the opportunity.
Win here first, then take on the world.