Waterloo EDC Blog

Every year, Deloitte releases a top ten list of predictions for the Technology, Media and Telecommunications industry in Canada.

Unfortunately, this year is singularly unpredictable.

Based on a best guess of a quickly evolving environment, Deloitte has now released an update to their report, revising many of the predictions. Their assumptions for these new predictions include GDP being down 8.3%...

Necessity is the mother of invention.

We’ve heard that term a lot in the last few weeks as companies around the world shift their focus from standard product lines to something – anything – that will help during the COVID-19 crisis.

It’s hard to find a more dramatic example of this sort of pivot than InkSmith.

A little over two weeks ago, they were an edtech company working with teachers around...

Bonfire really is the Waterloo Region story all wrapped up in one company.

The company’s founders studied at two of our post-secondary institutions, Wilfrid Laurier University and the University of Waterloo. They had a brilliant idea aimed squarely at solving a big-picture problem. They went to Silicon Valley for Y Combinator, but came home back for the talent, ecosystem and culture.

What makes...

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 we’re...