Waterloo EDC Blog

After two months of uncertainty, we’re beginning to see the light at the end of the tunnel.

This month, Waterloo gained a unicorn, kicked off some exciting new research and business partnerships, began to embrace remote work and more. We’re still fighting the good fight against the pandemic, too.

Here’s how companies are thriving in May 2020:

If March was a scramble to react to an unprecedented crisis, then April was when we started to take the fight to COVID-19.

This month saw the largest peacetime mobilization of industrial capacity in Canada’s history, including a few huge pivots that make Waterloo a focal point in the manufacture of medical supplies. We also saw governments – federal and provincial – launch unprecedented...

This year is becoming history in real-time.

In Waterloo Region, March is when everyday life shifted from business-as-usual to a once-in-a-lifetime crisis. There was no lack of headlines, even when you remove the health element of COVID-19. We cancelled events and closed offices, just like everywhere else.

That isn’t what this wrap-up will focus on. Instead, this wrap-up will look at what...

For most of Waterloo, the news was a surprise. Carta – a California-based equity management platform – was coming to town and they were launching their local office with a 50-person workforce.

How was this possible?

Just weeks before, Kik Interactive – a well-known Waterloo-based tech company – announced that it was pivoting to focus on cryptocurrency rather than its messaging application,...