Overall, Canada favours slow moving, established enterprises. It doesnโt support disruptive or fast scaling businesses, taxes you more as you grow, even more when you sell, and deploys capital slowly and ultra conservatively, throttling growth and pushing most creativity away.
After 15 years of successful business ownership in both Canada and the USA, the recent stats showing an overwhelming number of Canadians choosing the USA to start companies or move their assets there make perfect sense.
3. Because of 1. and 2. Primarily combined with sheer population, there is a much larger and more active community of entrepreneurs. This means more chances to meet great people, hire a strong team, and scale across a higher addressable market of potential customers.
@stocktalkweekly Iโve been part of STWs group for a few months.
He is a great investor that finds value and conviction in solid small/medium cap companies with strong tailwinds.
Itโs an open book in that group. He posts his thesis, entries, positions, portfolio weighting .. everything.