[ttul]

Yeah that comments is bullshit. It’s very easy to establish a business in Canada. The bureaucracy is efficient by comparison to most developed countries including the US. The tax authority is not scary like the IRS and the rules are reasonable and easier to understand. The provinces have considerable control over economic policies and taxation, generating competition between regions.

I’ve run tech companies in Canada for over 20 years. It’s a perfectly fine place to do business.

[pcthrowaway]

With the U.S. tax changes preventing early stage startups from deducting their employees' salaries from revenue outright, I wonder if we'll start seeing more Canadian-based innovation.

I think historically the thing preventing startups here from taking off was lack of access to capital

[ttul]

I’m guessing that change will be eliminated by congress. It’s sort of an unthinkable disaster that will find a compassionate ear on both sides of the House.

[pcthrowaway]

It seemed very intentional. Along with the recent monetary policies I would be surprised if this wasn't another hammer they're intentionally swinging to cause recession