oh boy...
The second thing is that the rest of the country is in the worst recession in 70 years - if you are not going to put your money in tech, where are you going to put them?
When the recession ends, money will flow out of tech and into the general market, but that is going to take time and is unlikely to be a sudden rush, more of a slow stream.
The rules are changing, its less annoying for American VCs to do business in Canada with the removal of the Section 116 stuff in the most recent budget.
Your location isn't an advantage, but if you would benefit from a raise, I wouldn't let that stop you from trying.
What does that say about the perspective of the funder vs the perspective of the fundee
One of the best rationales I've encountered to support the recent trend of entrepreneurs selling some of their shares in later funding rounds.