New news update from them today:
"Our launch date is approaching and will be announced within the week! We are working very hard on the following: 1) Migration of our beta servers to a new server infrastructure with heightened security. 2) New Terms of Use created by our legal team. 3) Compliance with Canadian anti-money laundering policies as well as GST and CRA policies. Operating a Bitcoin Exchange in Canada is a ground breaking endeavor that involves risk on our part. The delays with going live have all been due to our mission of providing a secure service for you as well mitigating our risk. Unlike other exchanges, we choose to operate in the country of residents we service. We will comply with regulatory bodies and are undertaking research and obtaining legal advice to make this exchange a reality! When choosing us for your Bitcoin exchange, you can be confident that you are dealing with a company that is performing due diligence and is located in Canada."
Does this mean (among other things) that they're going to be charging 5% sales tax on every purchase? That seems like it will basically kill it as an exchange.