Hi ppl.  Thanks for your replies 
 
  Purelife, I am 40 yrs old.  I ve been to Vancouver a handful of times - most recently last summer for holidays.  As for what I am looking for, kind of hard to explain really.  Originally, I m from Ottawa- lived in Toronto for many years (12)- self-employed there but decided the city was getting to big and stressful so moved back to Ottawa where I ve been for the last 5 yrs. Problem with Ottawa is that aside from having family here, the city s missing something... not very exciting.  It s a government town really therefore it s attitudes is very conservative and provincial.  The winters are horrible, very cold and damp and ugly.
It s nice in the summertime but that s about it.   As I m an entrepreneur, I can pretty much set up shop where ever i like it s only a matter of choosing a product or service a given market will go for...
I fell in love with Vancouver from day 1.  I like the setting, the mountains, ocean, the urbanization of downtown-  some people hate lots of condo and office towers etc but i still as a 40 yr old man get a charge from it 

  I like the fact the city is compact enuf to get around quite easily.  the place has a cosmopolitan feel to it- a city large enuf to feel like you live in a big city but not really.  I always viewed Vancouver as being an in between Toronto (too big) and Ottawa (too small) sort of place.
I also like the fairly laid back west coast, laid back attitude and lifestyle.
The only drawbacks I see so far are the following:  1. it s way out there away from family in friends back in Ontario. 2.  cost of real estate (would have to rent instead of buy) 3.  i hear employment is a problem (only low-paying service industry jobs) although this may not be an issue for me as i would think about setting up some type of business. 4.  the long RAINY season (they say, load up on anti-depressants- the place is dark and gloomy from October to April- very little or NO SUNSHINE- is this true)
As for sporting activities:  i like the outdoors
Bars, clubs... i don t really care if the place is hopping or not- i m past that bar-hopping clubbing phase.
Anyway, just a few things for you to advise me on- thanks all for your input!