This is going to be difficult and time consuming as lots of papers to be signed and no question but notorized/witnessed.  Sure you can do it and open Canadian Bank account as well but it's a pain doing and a pain accounting for the paper trail when filling returns.

I do banking out of Chicago for my company and run mastercard/visa through them for internet work. Even having a 25+ year track record wasn't good enough and we ended up paying cost for them to do commercial investigation to get us approved. *And this is with a US Bank that is Canadian owned!