There are many US bitcoin companies that can’t operate in Canada because of the compliance rules, policies, and laws. It’s not worth their effort. This is totally normal.

There is no such thing as a Bitcoin company. A Company is anchored in the State and is ultimately a branch of the State. Bitcoin and Company are diametrically opposed. Only one can survive (at least in the form that we understand them today).

Private property is not a branch of the state

If you have to register said property, it sort of is part of the State. It's "yours" with the State's permission.