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Canada’s popularity as a perfect hub for startups is rising. The country has been attracting talents from all around the world with its favorable startup ecosystem. The country today ranks 4th in the Global Startup Ecosystem Index. Toronto, Vancouver, Montreal, and Ottawa are among the first 100 cities that rank globally.

So what drives this growth? How does Canada succeed to attract entrepreneurs and how does it create a hospitable environment for startups? In this article, you’ll get to know more about the startup scene in Canada and the ingredients for their success. You’ll also get insights on which Canadian cities offer the best environment for startups. Let’s get started!