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I'm not sure about the exact reason but you could ask Steam support Team in help on top of your Steam.
Which is true, but there is also a markup for electronics in canada also, tariff's im assuming.
It sucks, but this is where patience is key, if you want it really bad youll pay the few extra dollars, if not just wait, i opt to wait for sales because there are not many devs i feel like supporting anymore.
Yeah I suppose I'll have to wait until the next sale... Or try and beg for a coupon :P Thanks a bunch for the info and what not! Expect my money soon lol.
It's the exchange rate. The US dollar is stronger than the canadian which is why you see the cost of the canadian price being higher.
Yeah I know the exchange rates and such, but if you exchange the USD cost it doesn't equal to the $50 CDN that I'd have to pay for it.
That does not mean it's abandoned when the game is completed, a lot of games are already completed on Steam and they are not abandoned... Well just if no more players.
edit
Since it's not a feedback on the game SE and the OP got his answer so I will move to Off Topic section.