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The Waterloo Region Economic Development Strategy supports the continued economic strength and growth of Waterloo Region. The Region of Waterloo includes:
- City of Cambridge
- City of Kitchener
- City of Waterloo
- Township of North Dumfries
- Township of Wellesley
- Township of Wilmot
- Township of Woolwich
With a wide range of community stakeholders, the Strategy aims for Waterloo Region to be locally rooted, internationally competitive and globally renowned.
Strategic goals
The Waterloo Region Economic Development Strategy has four main goals:
- To be the premier location for innovation and entrepreneurship
- To be the most competitive location for new and expanding companies and institutions
- To be a resilient, engaged and dynamic economic ecosystem
- To be a community of choice for talented people
Waterloo Region Economic Development Corporation
The Waterloo EDC is a not-for-profit organization that markets the Region of Waterloo around the world. The Waterloo EDC is in charge of carrying out the goals and actions outlined in the Waterloo Region Economic Development Strategy.
Working in partnership with the cities and townships of the Region, the Waterloo EDC also relies on the support of the following groups:
- Region of Waterloo Office of Economic Development
- Municipal economic development offices in the Region
- Chambers of Commerce in the Region
- Small business centres in the Region
About Waterloo Region
Some highlights of Waterloo Region include:
- Recognition as an advanced technology cluster
- Leading economic sectors include automotive, technology, advanced manufacturing and business services
- Home to one of Canada's largest insurance industry clusters
- One of Canada's fastest growing communities (expected to reach 729,000 people by 2031)
- Highly skilled workforce
- Access to large scale road, rail and air transportation systems
- Access to three major Canadian-United States border crossings
- Access to Canada's most importance road transportation corridor (Highway 401)
- Significant foreign investment from the U.S., Germany, UK, France, Japan and the Netherlands
- Three major post-secondary institutions