default ads for article
WATERLOO ,ON — As Mayor of the City of Waterloo, I believe our ability to reinvent ourselves and to diversify our economy has made us a community of choice to live, work, learn and play.
In 2007, we received the “Intelligent Community” designation from the Intelligent Community Forum www.intelligentcommunity.org based on economic and business criteria showcasing our extensive technology sector and start-up business community, and setting the stage for superior development and growth. We continue to live up to that reputation.
From powerhouse companies like BlackBerry, OpenText and Teledyne DALSA, to up-and-coming superstars like Kik Interactive and Magnet Forensics, it’s no wonder we have been ranked among the top 20 startup ecosystems in the world (2012). Our entrepreneurial spirit and the University of Waterloo’s intellectual property policy make us a premier destination for startups.
But it isn’t just technology that draws people to Waterloo. Every year, over 45,000 students come to our city to pursue their post-secondary education – and with good reason. We are home to three internationally renowned academic institutions. The University of Waterloo has been ranked Canada’s most innovative university for the past 21 consecutive years and boasts the first and largest co-op education program in the world. Wilfrid Laurier University is a leading Canadian university whose Global Innovation Exchange meets the growing local and global demand for business and math programs. Conestoga College, Ontario’s leading college also has a campus here to provide top-notch training and education activities.
Our research institutes, including the Mike and Ophelia Lazaridis Institute for Quantum Computing and Nanotechnology, have also landed us on the map. We really are an intelligent community.
Finance also plays a key role in our economy. Several major players in the insurance and banking industries have settled here because they recognize the stability and strength of our city. These companies enhance our quality of life, playing a key role in our economy and as respected community partners.
Our manufacturing background, which dates back to the early 1800s, is alive and well in our city. From food processing, to steel production, to smartphone assembly, this industry is a key contributor to our local economic success.
Waterloo is a dynamic city, bustling with activity and opportunities. We have low unemployment rates, a stable housing market, several development opportunities and more. Take a tour of our city and you will find impressive green space, trails and beautiful scenery that surround our inviting subdivisions and modern uptown core with award winning architecture.
People move here and stay here for a reason – in our case, for several reasons. Our healthy and safe neighbourhoods, world-class recreational facilities and events, inviting parks and trails, excellent library services, wonderful galleries and museums and top-notch festivals create the vibrant cultural lifestyle our residents and visitors have grown to love.
The strength of our city lies within the pillars of our economic vitality: technology, knowledge and education, finance, manufacturing, opportunities and culture. These pillars empower us to weather financial storms, retain our current population, attract newcomers and grow a city worthy of global recognition.
We hope you will visit us soon, but in the meantime, I encourage you to stay informed about our community at www.waterloo.ca and on our social media pages including Facebook, Twitter and YouTube.