http://www.theglobeandmail.com/technology/kitchener-waterloo...
https://www.google.com/maps/dir/University+of+Waterloo,+200+...
For a Canadian, Waterloo might be ok.
For most Americans, it would be like moving to Alaska.
I tried to hire into Waterloo, and for Americans, Canada in general is a really tough sell.
We brought in some Americans, most of them kept their homes in wherever.
We hired a bunch and let them live wherever, they flew in every few weeks.
It was far less than ideal.
That said, it might be better than many places in the US - but this is where California has such a massive advantage.
In any case I also wouldn't describe Berkeley-SF as a "stone's throw" either...
Which is actually a great example - many a person has moved out of SF for Berkeley, because "I'll be around all the time, it's not that far" - only to be rarely seen again.
The "work/live in Loo, hang out in TO" thing is mostly theoretical, though I'm sure you can find a few people who actually do it.
To your note about people avoiding the US - I've already seen this for personal travel. I was planning on doing a bit of a holiday around the country, but now the US just leaves such a sour place in my mouth and I would much rather go elsewhere. A number of my friends have made the same decision.
Not only the visa situation, but also the unstable political situation, racism and violence let me stay away.
This coming from someone currently in malaysia
Except that 'the wallet' is in the US, not somewhere else.
I say this even as a Canadian. The money is not here.
In Montreal, there are very few high-net worth individuals, and almost nobody invests 100K chunks in small businesses.
In America, particularly the Silicon Valley, there are tons of wealthy, and semi-wealthy people who back projects.
A 'simple idea' can get you $2M in Angel funding ($100K cheques by high net-worth individuals) in the Valley, while it would get you laughed out of the room in Montreal.
And that's just the start. The same for later stages. There are few later-stage funds in all of Canada, and almost zero big acquirers to 'end the funnel'. Both exist amply in the US, specifically the Valley, creating and end-to-end system for entrepreneurialism.
The same problem exists in Europe to a lesser degree, which is why there are so few big startups that come out of there.
Silicon Valley happened before the tax madness, and there is now net wealth outflow to lower-tax locations.
The wealth tax is subject to an exemption of the first 25K.
Also important: there is no capital gains tax and healthcare costs are ~100 euros / month no matter what you earn.
Surely the land of Donald Trump is somehow better? Or not... /troll
It might be more sensible to open a second incubator in the EU. Berlin, Amsterdam, Dublin, Barcelona, there are plenty of options. (London is a good choice on paper too but pray tell what'll happen after Brexit.)
[0]: https://www.washingtonpost.com/news/worldviews/wp/2017/02/26...