|TECHNOLOGY||Waterloo Region is a globally recognized technology cluster. Leading economic sectors are automotive, technology, manufacturing and business.|
|EDUCATION||The University of Waterloo, Wilfrid Laurier University, Conestoga College Institute of Technology and Advanced Learning. Exceptional access to private and public research is a hallmark of Waterloo Region.|
|ECONOMIC GROWTH||Waterloo Region is one of Canada’s fastest growing communities, expected to reach 729,000 people by 2031. The growth rate of the Region is nearly twice the Canadian average.|
|BUSINESS||Ranked a Top 5 small “North American Cities of the Future,” by FDI, the Waterloo Region has been ranked as the fourth best place to do business in Canada.|
|WORKFORCE||Waterloo Region is built on a foundation of entrepreneurship and innovation. The labour resource is 272,000 people within Waterloo Region, and 2.7 million people within a 45 minute drive.|
|ECONOMY||Canada’s excellent economic fundamentals and political stability provide a first-rate, low-risk business environment. Canada has a strong fiscal position.|
CANADA’S TECHNOLOGY TRIANGLE
Canada’s Technology Triangle Inc (CTT) is a not-for-profit, public-private regional economic development partnership that markets the competitive advantages of the Waterloo Region to the world, and works to attract new businesses, investment and talent to the Region. As an information provider and business network facilitator, CTT is typically the first point of contact for enterprises outside the Waterloo Region interested in start-up, expansion, or relocation to the Waterloo Region. CTT’s activity complements its partner municipalities, who focus on local business retention and expansion.
A GROWTH LEADER
- Canada’s 10th and Ontario’s 4th largest urban population (2010).
- One of Canada’s fastest growing communities, with a population of 543,700 people that is expected to reach 729,000 people by 2031.
OUTSTANDING POST-SECONDARY INSTITUTIONS
- 74,000 full-time post-secondary students, including 15,000 co-operative education students.
- University of Waterloo: consistently leads Maclean’s Canadian university reputational rankings, has the largest concentration of math and computer science talent in the world.
- Wilfrid Laurier University: a top ranking undergraduate university in Ontario (Maclean’s), known for business, entrepreneurship, music, and political and applied science.
- Conestoga College Institute of Technology and Advanced Learning: ranked Ontario’s number one college nine of the last eleven years; one of Canada’s premier polytechnic institutes.
- Home to leading global think tanks, including Perimeter Institute for Theoretical Physics, Centre for International Governance Innovation, Academic Council on the United Nations System and the University of Waterloo’s Institute for Nanotechnology and Institute for Quantum Computing.
DIVERSE. INNOVATIVE. ENTREPRENEURIAL. COLLABORATIVE.
- $20.2 billion GDP (2011).
- Over $800 million in private-sector R&D expenditures (2009).
- Over 140 research institutes and more than triple the provincial and national number of patents per million (2012).
- Major economic sectors: IT, Automotive, Advanced Manufacturing, Business and Financial Services, High-tech.
- Emerging economic sectors: Health Sciences, Environmental, Nanotechnology, Pharmaceutical, Renewable Energy, Food and Beverage.
- The Real Estate Investment Network, Top Ontario Investment Town 2009-2014.
- Ranked first overall in FDI magazine’s Top 10 American Micro Cities of the Future (2011/2012).
- Named Canada – Best to Invest, Site Selection (2008).
- The Best Places to do Business in Canada, Canada Business (2008).
- City of Waterloo named Top Intelligent Community by the Intelligent Community Forum (2007).
- Astride Hwy 401, Canada’s superhighway.
- Over 2.7 million people within a 45 minute drive.
- Home to Region of Waterloo International Airport with daily service to Montreal, Ottawa and Calgary.
- Less than 45 minutes to Canada’s biggest international airport, Lester B. Pearson (Toronto).
- Proximate to three US/Canada border crossings (Windsor/Detroit, Niagara Falls, Sarnia/Port Huron).
- Access to Toronto with GO Bus and GO Train service
RICH TRADITIONS AND A VIBRANT LIFESTYLE
- An attractive cost of living index: 78 in Waterloo compared to 100 in Toronto (2008).
- A community where 80% of people live less than 30 minutes from work (2006).
- A multicultural community attracting new people from around the world – more than 24% of the population are immigrants (2010).
- 100% fibre-wired community.
university had the brains to embrace mathematics
THE INTELLIGENT COMMUNITIES FORUM HAS RECOGNIZED WATERLOO AS BEING THE WORLD’S TOP INTELLIGENT COMMUNITY IN 2007.
The Intelligent Communities Forum (ICF) has recognized Waterloo as being the world’s Top Intelligent Community in 2007, an honour that acknowledges that this community best exemplifies the development of a prosperous economy based on broadband and information technology. In being named the Top Intelligent Community, Waterloo demonstrates that collectively it is ready to meet the challenge of reinforcing itself as a world- class, internationally competitive city, and to thoroughly support the vision of a great community.Today, Waterloo’s intelligent community strategy aims to ensure that technological achievements are developed locally and celebrated internationally.
A MATTER OF ECONOMY
The Waterloo Region has one of the most diverse economies in Canada, with strengths in the advanced manufacturing, insurance, automotive, information and communications technology, and business and financial service sectors. The use of advanced technology in production and business processes is the consistency among the diversity of 11 industry segments that comprise the advanced technology sector. Areas of specialty include: agri-food, alternate energy, biomedical, enterprise software, Internet, nanotechnology, new media, photonics, quantum computing, telecommunications, video, wireless, metal fabrication, and electrical/electronics.