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![white yacht near high-rise buildings](https://images.unsplash.com/photo-1566438503908-4f8377461f58?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
 Canada's startup scene is already impressive in terms of innovation potential, but it has even more potential to tap. Considering the active approach by its efficient public sector to develop startup ecosystems, and a relative abundance of natural resources, Canada is fully able to take an even more substantial role in producing massive global hubs. For this to happen, more Canadian startups with global impact are required, like those built in the neighboring United States. The climate for entrepreneurship in Canada is promising, with attractive incentives like the Startup Visa Program, the ​​Global Skills Strategy, and one of the most educated workforces in the world. 
==read-more==
 Two examples tell a powerful story of Canada’s opportunities and challenges. The first is Slack, originally a Vancouver based startup and now headquartered in the US where it undertook an IPO and was acquired by SalesForce. The second is Shopify, an ecommerce platform behemoth founded in Ottawa and built by a German immigrant founder. The lesson here is that Canada should ensure its high performing entrepreneurs remain in the country while also working to attract high quality foreign talent. The market-oriented economic system, high standard of living, native English language, and proximity to the US all make the country attractive. 

 

 In Ontario, the leading region of Canadian innovation, the public sector leads by example in developing robust startup ecosystems. [The Ontario Ministry of Economic Development, Job Creation, and Trade](https://www.ontario.ca/page/ministry-economic-development-job-creation-trade) has been pivotal in these efforts, setting a high standard for economic development activities. Within Ontario, municipalities such as the [City of Brampton](https://www.brampton.ca/EN/pages/Welcome.aspx), [Kingston Economic Development](https://www.investkingston.ca/), the [City of Mississauga,](https://www.mississauga.ca/) and the [City of Markham](https://www.markham.ca/) are actively focused on the development of their local ecosystems. Their initiatives have been instrumental in attracting investments and nurturing business growth, demonstrating the province's proactive approach to economic innovation. 

 

 Beyond Ontario, other Canadian cities and regions have also made notable strides. [Edmonton Unlimited](https://edmontonunlimited.com/) and [Calgary Economic Development](https://www.calgaryeconomicdevelopment.com/) in Alberta are standout examples. Moreover, Quebec's vibrant startup scene is supported by [Startup Montreal](https://startupmontreal.com/en/home/), an organization working toward making Montreal an attractive global startup destination. Other national initiatives, such as [Startup Ecosystem Canada](https://www.startupecosystem.ca/) and [Startup Canada](https://www.startupcan.ca/), are also working to connect ecosystem stakeholders in the country. These entities have been fundamental in promoting their regions, attracting global investment, and supporting startups through various stages of growth. 


 With resounding success stories like Shopify, Canada’s startup ecosystems are raising the bar and solidifying its position as an innovative hub in the global market.

Canada

MaRS Discovery District

Build2Scale Health

Founder Institute

Seaway Coworking

WorkAway Offices

Fractal Workspace

Kingston Economic Development Corporation

Silicon Halton

Chickapea

Originality.AI

Abbott Aerospace Canada Ltd.

Explore the Startup Ecosystem of Collingwood and compare its rankings to thousands of locations across 12 industries

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Startup Ecosystem Overview of Collingwood | StartupBlink | StartupBlink

Regional Rank & change	City	Global Rank & Change	Total Score	Quantity Score	Quality Score	Business Score
1st⁰	Toronto Area, Canada	22nd⁺¹	36.732	8.21	25.12	3.40
2nd⁰	Ottawa, Canada	67th⁺¹	10.193	1.14	5.68	3.37
3rd⁰	Kitchener Waterloo, Canada	90th^-14	8.588	1.27	3.95	3.37
4th⁰	Kingston, Canada	179th⁺¹	3.232	0.86	0.78	1.58
5th⁰	Hamilton, Canada	279th⁺⁴⁰	1.472	0.42	0.33	0.72
6th⁺²³	Midland, United States	384th⁺⁴	0.896	0.06	0.38	0.46
7th^-1	London, Canada	424th⁺¹³	0.709	0.19	0.18	0.35
8th⁰	Guelph, Canada	510th⁺⁸⁵	0.468	0.13	0.11	0.23
9th⁺¹	Windsor, Canada	541st⁺¹⁵²	0.411	0.15	0.06	0.20
10th⁺²	Thunder Bay, Canada	585th⁺¹³¹	0.345	0.11	0.07	0.17

Collingwood Startup Ecosystem Comparative Analysis

Comparative Analysis of Top Cities for Startups in Ontario