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Waterloo EDC Blog

Five facts you’ll find in the Waterloo Economic Guide

Posted by Waterloo EDC on July 29, 2020

Waterloo has a lot going for it.

We’re home to Canada’s three fastest-growing tech companies. We have a deep and dynamic tech ecosystem and the largest robotics and automation cluster in Canada. We have a diverse economy that includes major Toyota, Google and Shopify operations, hundreds of tech startups and thousands of suppliers and manufacturers. We’re also world-renowned for our talent,...

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Topics: technology, manufacturing, talent, business, site selection

What kinds of cost advantages can my company benefit from?

Posted by Waterloo EDC on July 23, 2020

This is the sixth part in our "Guide to Foreign Business Expansion" series tackling the 12 questions every business needs to ask. Download the full guide now.

The draw of cost advantages is one of the most common reasons we encounter from businesses looking to expand. After all, finding ways to cut costs can make a business more profitable – or even make a business viable.

But, it’s one thing...

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Topics: business, site selection, Q&A

5 Charts: Waterloo vs. Austin

Posted by Waterloo EDC on July 21, 2020

This is the first edition in a new Waterloo EDC series called “5 Charts: Waterloo Versus” that compares our community with some of America’s top tech hubs. Future posts will look at Pittsburgh, Columbus, Salt Lake City and more.

We often compare Waterloo’s exceptional tech credentials to other major cities in Canada like Toronto and Montreal, and major US tech hubs like Silicon Valley and New...

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Topics: technology, talent, business, artificial intelligence, site selection

Waterloo tops CBRE list of North American emerging tech talent markets

Posted by Waterloo EDC on July 16, 2020

A new report from CBRE identifies Waterloo as North America’s fastest-growing “opportunity market.” The report, 2020 Scoring Tech Talent, says that Waterloo has witnessed an incredible 51 percent growth in tech jobs over the past five years, which puts the total tech workforce at 22,400 people.

Opportunity markets – also known as emerging markets – offer tech companies a unique chance to tap...

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Topics: technology, business, artificial intelligence, site selection

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