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Waterloo Region

 

The Waterloo Region is located in southern Ontario, approximately 100 kilometers west of Toronto.  The Region consists of the cities of Waterloo, Kitchener and Cambridge, and the townships, North Dumfries, Wellesley, Wilmot and Woolwich. The Region of Waterloo is Canada’s 10th largest urban population and is one of Canada’s fastest growing communities. The Waterloo Region’s population of 543,700 people is expected to increase by 34% by 2031. The Region was named the Best to Invest in Canada by Site Selection, and The Best Places to do Business in Canada by Canadian Business in 2008. The Waterloo Region is a prosperous, intelligent, and innovative technology triangle.

Institutions

The Region houses two high ranking Canadian universities from Maclean’s Magazine, the University of Waterloo and Wilfrid Laurier University, together dominating in business, entrepreneurship, math and computer science.  The Waterloo Region is also home to Conestoga College, Ontario’s number one college for past nine of eleven years.

The Region has four leading global think tanks, the Perimeter institute for Theoretical Physics, Centre for International Governance Innovation, Academic Council on the United Nations System and the Institute for Quantum Computing at the University of Waterloo. In addition, the Waterloo Region has three award winning start-up incubators, the Accelerator Centre, Communitech HYPERDRIVE and Velocity. These incubators are promoting, supporting, and growing entrepreneurship within the Region.

The Region of Waterloo has more than 720 tech companies, including Blackberry, Open Text, Desire2Learn, and Google. The major employers in the region are Sun Life Financial, Manulife Financial, Toyota Motor Manufacturing , Automation Tooling Systems (ATS), Babcock & Wilcox and Blackberry.

Location

AirportIn addition to easy access to many high tech firms, employers, incubators and world class institutions the Region has efficient and easy transportation. The Waterloo Region is less than 45 minutes away from Canada’s largest international airport in Toronto. The Region is home to The Region of Waterloo International Airport, which is located in the township of Woolwich. The Region of Waterloo International Airport provides non-stop flights to Ottawa, Calgary, Chicago, and Cancun. American Airlines/American Eagle offers flight connections to over 250 cities in over 40 countries worldwide from Waterloo. The Region has access to GO Train, Via Rail, GO Bus, and Greyhound buses making it easy to travel to Toronto and cities surrounding the Waterloo Region. The Waterloo Region is currently under the construction of a Light Rail Transit system that will connect the three cities within the region to prime locations in the area. The Region is in close proximity to three United States borders, which allows for easy travel between Canada and the United States.

Culture

The attractive cost of living index for the Waterloo Region is 78, compared to 100 in Toronto. The Region of Waterloo mixes urban living with suburban living, with wide surrounding suburban area and a vibrant downtown core. With over 650 businesses in the downtown areas of the region alone, there is plenty of ways to stay active, busy and to enjoy living in the Region of Waterloo.

The Waterloo Region has a many traditions, festivals, events and attractions for residents to take part in. The Region has the world’s largest Maple Syrup festival, second largest Bavarian festival, and the second largest Oktoberfest. The Region has many festivals celebrating different cultures, including a multicultural festival in mid-June. Other notable festivals are Ribfest, Cristkindle Market , Cruising in King Street and the Cambridge Highland Games. Some attractions in the Region are the 22 golf courses, Conestoga River Horseback Adventures and the Grand River for sport fishing and kayaking. The Waterloo Region has 4,000 acres of park and natural land, with thirteen conservation areas and is  1 ½ - 2 hours away from several beaches. 

Learn more about the Region of Waterloo.

Videos

Why Waterloo Region from Waterloo Region Economic Development Corporation on Vimeo.

We Are Waterloo - City of Waterloo Economic Development from City of Waterloo on Vimeo.

Sources: techtriangle.ca, waterlooairport.ca, sortable.com, regionofwaterloo.ca

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