Canada has approx. a tenth of the population as the U.S., so it has fewer machine tools to start with than down South. I suggest scrounging Kijiji, ebay, craigs list, etc. but also auctions. I have been very successful at auctions, but it takes time and luck. In general, I believe Quebec has more equipment than Ontario, for example, I went to Montreal for my Deckel milling machine. Also, you see ridiculous mark-ups from Canadian equipment companies that buy at auctions and then want too much for the used equipment. By just locating in Canada, to stay in business, these companies need higher mark-ups than in the U.S. You could buy from Busy Bee, however you may grow out of a basic Chinese machine and want better. Become an expert at what you want, I worked part-time at a local shop to learn before I bought, I also put my designs into small CNC shops. Also learn how to move equipment safely. Keep in touch with smaller machine shops, they may have equipment that is surplus to their needs but is just moved to the back of the shop. This has been the case several times. The best shops are one-man operations run by a guy that knows what he is doing, these guys are gems.
On the flip side, be prepared to pay more for the right machine, especially something that is not completely worn out (buying used machine tools is like buying a used car, except that in many cases there is no jobber to go to for replacement parts). If you own it for a long time, the re-sale value is not a big concern. Read about Variable Frequency Drives (VFD), you can get three phase output from a single phase in. And do not count out going to the U.S. to pick up something good, learn the rules for border crossings.