Media and publications

A new economic impact report highlights the University of Waterloo as a major driver of Ontario’s economy, contributing nearly $7 billion to GDP through its co-op program, research and alumni activity. The study underscores how Waterloo’s co-op model, one of the largest in the world, helps generate significant economic value by connecting students with paid, real-world work experience that benefits employers and industry.

In an interview with CBC News, incoming University of Waterloo president Bill Rosehart emphasized the importance of preparing students for a rapidly changing job market shaped by AI and global competition. He pointed to Waterloo’s co-op program as a key differentiator, giving students the real-world experience and adaptability needed to stay competitive after graduation. As he prepares to take on the role, Rosehart signalled a continued focus on experiential learning as central to the university’s future.

The University of Waterloo has named engineering alumnus Dr. Bill Rosehart as its next president and vice-chancellor, marking the first time a graduate of the institution will lead the university. Rosehart, who brings decades of academic leadership experience, has emphasized Waterloo’s distinctive strength in integrating academic learning with real-world experience through its co-op program. His appointment signals a continued focus on experiential education and innovation as central to the university’s future. The leadership transition reinforces Waterloo’s reputation for producing—and being led by—graduates shaped by its co-op model.