Canada is probably the most welcoming place actually on earth for crypto-business, such as mining, blockchain fintech startup and ICO related funding.
Via the sandbox program, (
https://www.securities-administrators.ca/industry_resources.aspx?id=1588 ) a startup may raise millions of capital, with a complete acceptance from the canadian regulators, no matter where in the world will you operate. (as long as you have a business address in Canada).
Actually, the Canadian regulator has accepted a few businesses, like Impak Coin (
https://mpk.impak.eco/en/ ) Token Funder (
https://www.tokenfunder.com/ ) and First Block Capital (
http://firstblock.capital/ )
The following business could be setup, with a ICO, to raise intial investments• Canadian regulated mining coins operation with investors,
• Seting up a hedge funds, in crypto-currencies ;
• Seting up a loan corporation, in crypto-currencies.
• Building apps and services, with any blochchain technologies ;
We’re a Canadian law office, located in a brick and mottar location on St-Pierre street, Montréal, and can help you to setup such a venture.
www.bitcoin-law.ca 
