It doesn't have the same flair that a city like SF has. SF has major events throughout the year. It has a culture of weirdness, wackiness, lots of technology, lots of greed. It has very vastly different neighborhoods with vastly different cultures. Haight is completely different from Noe which is different from Castro which is different from the Marina. It's not like West End vs East End in Vancouver.
There is a culture of risk taking. People always coming up with stupid or crazy startups, trying to push it on the local businesses. There are lots of great restaurants as well. There is zero night life in Vancouver, and a few very good restaurants (but a lot of great sushi restaurants, much better than SF). Downtown is practically dead by 8pm, which is nice. Granville Street which should be like Market Street, is instead almost like a dead street, Robson has a lot of tourists, but no real culture except coffee shops.
So go back through the article, and you'll see most of the stuff on startup life doesn't apply at all. There is no craziness or wackiness, no real tech scene, not on the scale of SF or Seattle, no sense of early adoption (not very many people has iPhones in Canada because of the draconian cell phone contracts), the idea that neighborhoods are far away doesn't exist in Vancouver because the traffic isn't nearly as bad as it is here, not even 1/10 as much fog as SF, etc.