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.
2.) We're in a great depression. Not a run-of-a-mill recession. And "if you are not going to put your money in tech, where are you going to put them?" is precisely what a bubble mentality is.
I am not an economists, but it doesn't seem to be a depression from where I am sitting - people don't walk in thread-bare clothing, nor are there "no help wanted signs".
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.