Bureaucracy is not a problem. I'm not sure what you mean by that.
There is tons of government help with SRED, IRAP, the Renaissance Fund, and Telefilm New Media Fund. http://www.cra-arc.gc.ca/taxcredit/sred/menu-e.html http://irap-pari.nrc-cnrc.gc.ca/ http://www.cse.gov.bc.ca/ProgramsAndServices/BusinessService... http://www.telefilm.gc.ca/03/311.asp?fond_id=3
With UBC and SFU, there is a lot of tech and business talent. Vancouver Film School and Emily Carr add to the art talent.
Since we have universal health insurance, and a fairly decent social safety net, it is actually cheaper to provide benefits to your employees in a lot of cases.
Vancouver is an expensive city to live in. But definitely not as expensive as the valley.
The infrastructure is good. I can get a 50Mbps internet connection in my apartment.
The women are gorgeous and fit. Skiing, sailing, golfing, climbing, hiking amenities are close by.
Yeah, it drizzles for 4 months of the year. But you get used to it.
The VCs are very approachable. Send any of them an email with the subject header, "30 Minute, no harm, no foul meeting" and they will hear you out.
If you're trying to get from zero to fundable, check out my friends over at Bootup Labs. http://bootuplabs.com/