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for Your International Expansion: Free 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Waterloo: Canada’s Innovation Hub",image:{sourceUrl:eW,altText:eX,caption:a,generic:eW,genericDesktop:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-of-waterloo-spotlight-blog-hero-1440x810.png",genericTablet:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-of-waterloo-spotlight-blog-hero-1024x576.png",genericMobile:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-of-waterloo-spotlight-blog-hero-750x422.png",mediaDetails:{height:aH,width:aI,__typename:h},__typename:i},thumbnail:{sourceUrl:dB,altText:eX,caption:a,generic:dB,genericDesktop:dB,genericTablet:dB,genericMobile:dB,mediaDetails:{height:aJ,width:aK,__typename:h},__typename:i},categories:[{name:aO,slug:cb,link:aP,__typename:G},{name:aC,slug:dy,link:dv,__typename:G}],__typename:aF},__typename:aG},__typename:aM},{date:"2024-07-11T12:06:20",link:"https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fregion-spotlight-north-dumfries",databaseId:16918,article:{info:{title:"Welcome to North Dumfries: Where Growing Businesses Plant 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America’s #1 Small Tech Talent Market Once Again",image:{sourceUrl:fj,altText:fk,caption:a,generic:fj,genericDesktop:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcbre-2024-blog-hero-1440x810.png",genericTablet:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcbre-2024-blog-hero-1024x576.png",genericMobile:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcbre-2024-blog-hero-750x422.png",mediaDetails:{height:aH,width:aI,__typename:h},__typename:i},thumbnail:{sourceUrl:dF,altText:fk,caption:a,generic:dF,genericDesktop:dF,genericTablet:dF,genericMobile:dF,mediaDetails:{height:aJ,width:aK,__typename:h},__typename:i},categories:[{name:aD,slug:aE,link:dw,__typename:G},{name:dZ,slug:d_,link:d$,__typename:G}],__typename:aF},__typename:aG},__typename:aM}],__typename:dW},taxonomy:{node:dX,__typename:dY},__typename:G}];ei.__typename=aF;eo.date=dU;eo.link=ep;eo.databaseId=17619;eo.article={info:{title:eq,image:{sourceUrl:dI,altText:er,caption:a,generic:dI,genericDesktop:es,genericTablet:et,genericMobile:eu,mediaDetails:{height:aH,width:aI,__typename:h},__typename:i},thumbnail:{sourceUrl:do0,altText:ev,caption:a,generic:do0,genericDesktop:do0,genericTablet:do0,genericMobile:do0,mediaDetails:{height:aJ,width:aK,__typename:h},__typename:i},categories:[{name:ew,slug:ex,link:ey,__typename:G},{name:aL,slug:aN,link:ez,__typename:G},{name:aO,slug:cb,link:aP,__typename:G}],__typename:aF},__typename:aG};eo.__typename=aM;eA.date=dV;eA.link=eB;eA.databaseId=17605;eA.article={info:{title:eC,image:{sourceUrl:dJ,altText:dK,caption:a,generic:dJ,genericDesktop:eD,genericTablet:eE,genericMobile:eF,mediaDetails:{height:aH,width:aI,__typename:h},__typename:i},thumbnail:{sourceUrl:dp,altText:dK,caption:a,generic:dp,genericDesktop:dp,genericTablet:dp,genericMobile:dp,mediaDetails:{height:aJ,width:aK,__typename:h},__typename:i},categories:[{name:aO,slug:cb,link:aP,__typename:G},{name:eG,slug:eH,link:eI,__typename:G}],__typename:aF},__typename:aG};eA.__typename=aM;eJ.date="2024-09-25T14:16:26";eJ.link="https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Ftoronto-waterloo-leads-automotive-mobility";eJ.databaseId=17520;eJ.article={info:{title:"Setting the Pace: Toronto-Waterloo Leads in Automotive & Mobility",image:{sourceUrl:eK,altText:eL,caption:a,generic:eK,genericDesktop:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fauto-in-the-twc-blog-hero-1440x810.png",genericTablet:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fauto-in-the-twc-blog-hero-1024x576.png",genericMobile:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fauto-in-the-twc-blog-hero-750x422.png",mediaDetails:{height:aH,width:aI,__typename:h},__typename:i},thumbnail:{sourceUrl:dz,altText:eL,caption:a,generic:dz,genericDesktop:dz,genericTablet:dz,genericMobile:dz,mediaDetails:{height:aJ,width:aK,__typename:h},__typename:i},categories:[{name:eM,slug:"automotive",link:"https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Fautomotive",__typename:G},{name:aO,slug:cb,link:aP,__typename:G}],__typename:aF},__typename:aG};eJ.__typename=aM;fm[0]={__typename:ea,text:"\u003Cp\u003EMid-sized communities aren’t going to replace big cities as the site of corporate HQs, but they do have unique competitive advantages. They can provide unique access to top tech talent pipelines, provide a better quality-of-life for employees and reduce real estate overhead. This isn’t new – \u003Ca href=\"\u002Fblog\u002Fwhy-waterloo-big-tech-hubs-competition\" rel=\"noopener\"\u003Ewe were writing about it a year ago\u003C\u002Fa\u003E – but COVID-19 has put \u003Ca href=\"\u002Fblog\u002Fwhat-location-advantages-how-can-they-help-company\" rel=\"noopener\"\u003Elocation strategy\u003C\u002Fa\u003E back on the agenda in a big way.\u003C\u002Fp\u003E\n\u003Cp\u003EHowever, while mid-sized communities might provide advantages, it’s important to remember that they aren’t all created equally. Our new series comparing Waterloo with tech hubs like \u003Ca href=\"\u002Fblog\u002F5-charts-waterloo-vs-austin\" rel=\"noopener\"\u003EAustin\u003C\u002Fa\u003E, \u003Ca href=\"\u002Fblog\u002F5-charts-waterloo-vs-pittsburgh\" rel=\"noopener\"\u003EPittsburgh\u003C\u002Fa\u003E, \u003Ca href=\"\u002Fblog\u002F5-charts-waterloo-vs-columbus\" rel=\"noopener\"\u003EColumbus\u003C\u002Fa\u003E, \u003Ca href=\"\u002Fblog\u002F5-charts-waterloo-vs-salt-lake-city\" rel=\"noopener\"\u003ESalt Lake City\u003C\u002Fa\u003E and \u003Ca href=\"\u002Fblog\u002F5-charts-waterloo-vs-detroit\" rel=\"noopener\"\u003EDetroit\u003C\u002Fa\u003E has made that clear – they’re all very different.\u003C\u002Fp\u003E\n\u003Cp\u003E\u003Cstrong\u003EHere are four questions to help determine whether a mid-size community can deliver real advantages:\u003C\u002Fstrong\u003E\u003C\u002Fp\u003E\n\u003Ch2\u003EDoes it have a top-notch tech school?\u003C\u002Fh2\u003E\n\u003Cp\u003ETalent is king in tech. If you’re expanding to a new location it’s probably to get access to brand new talent, including new graduates and experienced tech workers. As a result, evaluating whether your target communities have a top-notch tech school is really at the top of the list when evaluating a mid-sized community. Really, it’s a common feature for most tech hubs. Austin has University of Texas – Austin. Pittsburgh has Carnegie Mellon.\u003Cspan id=\"hs-cta-wrapper-b7bcd1cd-21d1-4cf0-8d6d-1e4722cf601d\" class=\"hs-cta-wrapper\"\u003E\u003Cbr \u002F\u003E\n\u003C\u002Fspan\u003E\u003C\u002Fp\u003E\n\u003Cp\u003E\u003Cstrong\u003EWaterloo Pitch:\u003C\u002Fstrong\u003E Waterloo has the \u003Ca href=\"\u002Fblog\u002Ffacts-university-waterloo\" rel=\"noopener\"\u003EUniversity of Waterloo\u003C\u002Fa\u003E. This is the school that was just ranked \u003Ca href=\"\u002Fblog\u002Funiversity-of-waterloo-macleans-rankings-2020\" rel=\"noopener\"\u003E#1 in Canada for computer science, engineering and mathematics\u003C\u002Fa\u003E. It has Canada’s largest engineering department, which has more students than MIT and Stanford combined. It’s one of the world’s \u003Ca href=\"\u002Fblog\u002Fuwaterloo-ranked-top40-global-engineering-technology\" rel=\"noopener\"\u003Etop-40 engineering and technology universities\u003C\u002Fa\u003E and in the top-25 for computer science. Really, the University of Waterloo is a big part of the reason our community has \u003Ca href=\"\u002Fblog\u002Fcbre-report-waterloo-tech-talent-quality\" rel=\"noopener\"\u003Ethe highest quality tech talent in Canada\u003C\u002Fa\u003E and was listed as the \u003Ca href=\"\u002Fblog\u002Fwaterloo-north-america-emerging-talent-cbre\" rel=\"noopener\"\u003E#1 emerging tech talent market in North America\u003C\u002Fa\u003E.\u003C\u002Fp\u003E\n\u003Ch2\u003EHow close is it to a major city?\u003C\u002Fh2\u003E\n\u003Cp\u003EOne of the reasons Florida didn’t think corporate HQs would leave big cities anytime soon is that most young talent is still attracted to the big city lifestyle. That’s true. Lots of experienced tech workers also love the culture and entertainment opportunities in a big city, even if they can’t afford to live there.\u003C\u002Fp\u003E\n\u003Cp\u003EOne big differentiator for mid-sized cities is proximity to big cities. For example, Austin is 260km away from Houston and 313km from Dallas – so, great for an extended stay but not commutable. Detroit is 455km from Chicago. Pittsburgh is 597km from New York City. Salt Lake City isn’t close to anything. These places are isolated and really depend on whatever they can manage in-house for arts, culture and entertainment.\u003C\u002Fp\u003E\n\u003Cp\u003E\u003Cstrong\u003EWaterloo Pitch:\u003C\u002Fstrong\u003E Waterloo is just 105km from Toronto, the 4\u003Csup\u003Eth\u003C\u002Fsup\u003E largest city in North America. We have direct (and improving) rail connections and both communities are along Canada’s biggest superhighway. Want to pop into Toronto for a basketball game or for world-class theatre? It’ll take an hour to drive there. Want to live in the big city and commute to Waterloo? Totally possible. There’s a reason it’s called the \u003Ca href=\"\u002Fblog\u002Fwhat-is-toronto-waterloo-corridor\" rel=\"noopener\"\u003EToronto-Waterloo Corridor\u003C\u002Fa\u003E – we’re connected. This means access to a much larger talent pool, as well as more customers and partners, all while offering a great quality-of-life and lower cost-of-living.\u003C\u002Fp\u003E\n",hasimage:a,position:eb,image:a};fm[1]={blogpush:{blogPush:{block:[{isleft:A,contentType:"Image",image:{sourceUrl:dP,altText:"AI Ecosystem Map",caption:a,generic:dP,genericDesktop:dP,genericTablet:dP,genericMobile:"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fai-ecosystem-map-call-to-action-750x394.jpg",mediaDetails:{height:473,width:900,__typename:h},__typename:i},video:{type:a,url:a,coverImage:a,__typename:"BlogPush_Blogpush_block_Video"},title:"Ecosystem Map",introduction:"Get a full list of artificial intelligence companies working in Waterloo",text:"\u003Cp\u003EAccess our complete business listing and information about Waterloo’s AI research and commercialization support organizations.\u003C\u002Fp\u003E\n",hasbuttons:A,buttons:[{type:I,link:{url:"https:\u002F\u002Fwww.waterlooedc.ca\u002Fresources\u002Fai-ecosystem-map",title:"Download PDF",target:l,__typename:H},expert:{buttonlabel:J,expert:a,__typename:"BlogPush_Blogpush_block_buttons_Expert"},widget:{buttonlabel:B,widget:a,__typename:"BlogPush_Blogpush_block_buttons_Widget"},popup:{title:a,description:a,formid:a,buttonlabel:a,__typename:"BlogPush_Blogpush_block_buttons_Popup"},__typename:"BlogPush_Blogpush_block_buttons"}],__typename:"BlogPush_Blogpush_block"}],__typename:"BlogPush_Blogpush"},__typename:"BlogPush"},__typename:"Article_Article_Components_Blogpush"};fm[2]={__typename:ea,text:"\u003Ch2\u003EIs it that much of a cost advantage?\u003C\u002Fh2\u003E\n\u003Cp\u003EOne of the key advantages of moving out of a big city is cost. That’s true for companies \u003Cem\u003Eand\u003C\u002Fem\u003E workers. However, things like cost-of-business and cost-of-living are significant differentiators between mid-sized cities, too. For example, salaries and lease costs are lower in Pittsburgh than they are in Austin. The same costs are even lower in Detroit. It can add up, especially for scaling companies that want to extend their runway.\u003C\u002Fp\u003E\n\u003Cp\u003E\u003Cstrong\u003EWaterloo Pitch:\u003C\u002Fstrong\u003E Waterloo is very competitive with American tech hubs on salary and lease costs. In fact, \u003Ca href=\"\u002Fblog\u002F5-charts-waterloo-vs-americas-top-emerging-tech-hubs\" rel=\"noopener\"\u003Ewe beat or tie all of them\u003C\u002Fa\u003E. Savings are about more than just simple salaries and square footage, too. While our taxes are – in some cases –slightly higher, employee access to government-provided healthcare can also offer significant savings for companies. Locating in Waterloo means access to Canada’s excellent research and development incentives, which can help drive innovation while cutting overhead costs.\u003C\u002Fp\u003E\n\u003Cp\u003EOh, and as Insticator CEO Zack Dugow pointed out in \u003Ca href=\"https:\u002F\u002Finfo.waterlooedc.ca\u002Finternational-tech-office-webinar\" rel=\"noopener\"\u003Eour recent webinar\u003C\u002Fa\u003E, the currency exchange rate helps, too.\u003C\u002Fp\u003E\n",hasimage:a,position:eb,image:a};fm[3]={__typename:"Article_Article_Components_Video",title:a,type:"youtube",image:a,url:"https:\u002F\u002Fyoutu.be\u002FGUhm-F7C9dI",transcript:a};fm[4]={__typename:ea,text:"\u003Ch2\u003EDoes it have a reputation for driving growth and innovation?\u003C\u002Fh2\u003E\n\u003Cp\u003EThe ultimate question: can expanding to a new location help your business grow? It’s great to get new talent, have access to a big city or cut costs, but those don’t mean anything if they aren’t helping your company achieve challenging growth targets. This is also tougher to measure and, to be honest, all of the comparisons we tend to use are communities that are good at helping companies grow and innovate (otherwise they wouldn’t be competitors!).\u003C\u002Fp\u003E\n\u003Cp\u003E\u003Cstrong\u003EWaterloo Pitch:\u003C\u002Fstrong\u003E Big companies like \u003Ca href=\"\u002Fblog\u002Fgoogle-announces-expansion-canadian-operations\" rel=\"noopener\"\u003EGoogle\u003C\u002Fa\u003E, \u003Ca href=\"\u002Fblog\u002Fsap-expansion-waterloo\" rel=\"noopener\"\u003ESAP\u003C\u002Fa\u003E, OpenText and BlackBerry aren’t here for fun. They’re here because they see significant growth advantages. The same goes for fast-growing local companies like Faire – \u003Ca href=\"\u002Fblog\u002Fwaterloo-faire-valuation-2021\" rel=\"noopener\"\u003Enow worth $7 billion\u003C\u002Fa\u003E – and ApplyBoard – \u003Ca href=\"\u002Fblog\u002Fapplyboard-4-billion-valuation\" rel=\"noopener\"\u003Enow worth $4 billion\u003C\u002Fa\u003E – or the 500+ tech startups in our community.\u003C\u002Fp\u003E\n\u003Cp style=\"font-size: 16px;\"\u003EThey’re here because this is a place where they can grow. It might have something to do with our capacity for commercializing research – our patent rate is 11 times the national average – or access to talent. It might have something to do with our incredible support ecosystem or \u003Ca href=\"\u002Fblog\u002Fglobal-talent-canada-immigration\" rel=\"noopener\"\u003ECanada’s incredible business immigration programs\u003C\u002Fa\u003E. Or, maybe it’s something unique about the way it all comes together. Regardless, we know we have lightning in a bottle here, and the continuing investment in our community from all sizes of business really confirms it.\u003C\u002Fp\u003E\n",hasimage:a,position:eb,image:a};fm[5]={title:"Do you want to learn more about the unique benefit of locating in Waterloo?",text:"\u003Cp\u003EWe can provide in-depth comparative research and data, connections with local companies and more.\u003C\u002Fp\u003E\n",mainbtn:{type:I,link:{url:ec,title:"Contact 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ion:ao,blocks:[{comparisonSubtitle:a,dataComparisons:[{slug:bS,dataComparison:{shownTitle:bT,source:bU,description:bV,__typename:b},__typename:c},{slug:bW,dataComparison:{shownTitle:bX,source:M,description:bY,__typename:b},__typename:c},{slug:bZ,dataComparison:{shownTitle:b_,source:M,description:b$,__typename:b},__typename:c}],__typename:g}],__typename:k},{__typename:ap,overtitle:ca,title:aq,type:I,link:{url:L,title:ar,target:l,__typename:H},expert:{buttonlabel:J,expert:a,__typename:as},widget:{buttonlabel:B,widget:a,__typename:at},popup:{title:a,description:a,formid:a,buttonlabel:a,__typename:au}},{__typename:av,title:aw,expert:{expert:{name:o,image:{sourceUrl:d,altText:r,caption:a,generic:d,genericDesktop:d,genericTablet:d,genericMobile:d,mediaDetails:{height:f,width:f,__typename:h},__typename:i},email:s,idhubspot:t,telephone:q,function:p,__typename:u},__typename:v}}],__typename:ax},__typename:ay}],__typename:aA},__typename:aB}]],["app\u002FsetCurrentCity",gi],[fs,ft]]}}(null,"DataComparison_Datacomparison","DataComparison","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fshelby-woodall.png","\u003Cp\u003EEconomic Research Institute, Q3 2023\u003C\u002Fp\u003E\n",200,"CityIndustry_Cityindustry_Components_Citycomparisonindustry_blocks","MediaDetails","MediaItem","\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww.cbre.com\u002F-\u002Fmedia\u002FB0F5FC7061FD4A82ABB5BB55193BDAED.ashx\"\u003ECBRE, 2023\u003C\u002Fa\u003E\u003C\u002Fp\u003E\n","CityIndustry_Cityindustry_Components_Citycomparisonindustry","","\u003Cp\u003EAverage annual salary with 5 years experience\u003C\u002Fp\u003E\n","\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww150.statcan.gc.ca\u002Ft1\u002Ftbl1\u002Fen\u002Fcv!recreate.action?pid=1410038401&selectedNodeIds=1D19&checkedLevels=1D1,1D2,1D3&refPeriods=20170101,20220101&dimensionLayouts=layout2,layout3,layout2&vectorDisplay=false\"\u003EStatistics Canada, 2023; Lightcast, 2023\u003C\u002Fa\u003E\u003C\u002Fp\u003E\n","Shelby Woodall","Business Development Advisor","519 747-2541 Ext. 201","Shelby Woodall Headshot","shelby.woodall@waterlooedc.ca","21d57486-cd1d-4a85-9640-1424f5c7b45b","Expert_Expert","Expert","CityIndustry_Cityindustry_Components_Citycomparisonhighlight","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-matchup-manufacturing.jpg","\u003Cp\u003EAverage hourly wage with 5 years experience\u003C\u002Fp\u003E\n","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-matchup-tech.jpg",true,"Email us","expert","Population","\u003Cp\u003ELightcast, 2023\u003C\u002Fp\u003E\n","MenuItem","TaxCategoryArticle","AcfLink","link","Our expert","Quality of Life","https:\u002F\u002Fwww.waterlooedc.ca\u002Fdata\u002Fcompare-cities\u002Fmanufacturing","\u003Cp\u003ECushman & Wakefield, Q3 2023. Sources: \u003Ca href=\"https:\u002F\u002Fwww.cushmanwakefield.com\u002Fen\u002Fcanada\u002Finsights\u002Fcanada-marketbeats\u002Fwaterloo-marketbeats\"\u003ECanada\u003C\u002Fa\u003E, \u003Ca href=\"https:\u002F\u002Fwww.cushmanwakefield.com\u002Fen\u002Funited-states\u002Finsights\u002Fus-marketbeats\u002Fus-industrial-marketbeat\"\u003EUS\u003C\u002Fa\u003E.\u003C\u002Fp\u003E\n",750,422,"infoBox","CityIndustry_Cityindustry_Ctablock_Content_Links","CityIndustry_Cityindustry_Ctablock_Content_Infobox_Link","CityIndustry_Cityindustry_Ctablock_Content_Infobox_Widget","CityIndustry_Cityindustry_Ctablock_Content_Infobox_Popup","CityIndustry_Cityindustry_Ctablock_Content_Infobox","CityIndustry_Cityindustry_Ctablock_Content","CityIndustry_Cityindustry_Ctablock","Contact Advisor","contact","CityIndustry_Cityindustry_Stickycontent_Popup","CityIndustry_Cityindustry_Stickycontent","Labour Cost","Get exceptional value and quality when hiring in Waterloo.","Annual Salary","Labour Availability","Dive into a deep pool of talent that’s just waiting to get started.","Check out the vibrant and diverse community waiting for you.","\u003Cp\u003ETotal population (2022) at the CD\u002FMSA level\u003C\u002Fp\u003E\n","Population Growth","\u003Cp\u003EPopulation growth from 2017-2022 at the CD\u002FMSA level\u003C\u002Fp\u003E\n","Immigrants as % of Total Population","\u003Cp\u003EImmigrants as percentage of total population at the CMA\u002FMSA level\u003C\u002Fp\u003E\n","Living well and working smart – see how Waterloo makes it easy.","Median Sold Home Price ","Average Commute Time","\u003Cp\u003EAverage commute time in minutes to work at the CMA\u002FMSA level\u003C\u002Fp\u003E\n","Investing in Waterloo means more value for every square foot.","CityIndustry_Cityindustry_Components_Smallpush","Compare Another City","Let's go","CityIndustry_Cityindustry_Components_Smallpush_Expert","CityIndustry_Cityindustry_Components_Smallpush_Widget","CityIndustry_Cityindustry_Components_Smallpush_Popup","CityIndustry_Cityindustry_Components_Expertpush","Contact Our Advisor","CityIndustry_Cityindustry","CityIndustry","https:\u002F\u002Fwww.waterlooedc.ca\u002Fdata\u002Fcompare-cities\u002Ftechnology","City_City","City","Strategic Location","Technology","technology","Article_Article_Info","Article_Article",1080,1920,430,600,"Manufacturing","Article","manufacturing","Ecosystem","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Fecosystem","\u003Cp\u003EWaterloo puts the ‘advanced’ in advanced manufacturing. With a skilled workforce, access to global markets and leading robotics and automation expertise, it’s the ideal location for ambitious manufacturers. See how Waterloo, Canada, compares to \u003Cspan class=\"Apple-converted-space\"\u003E{{ city }}\u003C\u002Fspan\u003E in this manufacturing city comparison.\u003C\u002Fp\u003E\n","Manufacturing facility in Waterloo","Hourly Wage","manufacturing-industrial-electrician","Industrial Electrician","manufacturing-machine-operator","Machine Operator","manufacturing-millwright","Millwright","manufacturing-production-labourer","Production Labourer","manufacturing-welder","Welder","manufacturing-logistics-manager","Logistics Manager","manufacturing-manufacturing-engineer","Manufacturing Engineer","manufacturing-quality-control-engineer","Quality Control Engineer","A Manufacturing Hub","Manufacturing makes up 17% of Waterloo's workforce.","manufacturing-total-employment","Total Employment","\u003Cp\u003E2022 Jobs in all industries at the CMA\u002FMSA level\u003C\u002Fp\u003E\n","manufacturing-employment-in-manufacturing-industry","Employment in Manufacturing Industry","\u003Cp\u003EEmployment in manufacturing industry (NAICS 31-33) at the CMA\u002FMSA level\u003C\u002Fp\u003E\n","manufacturing-proportion-of-employment-in-manufacturing-industry","Proportion of Employment in Manufacturing Industry","\u003Cp\u003EProportion of employment in manufacturing industry (NAICS 31-33) at the CMA\u002FMSA level between 2017-2022\u003C\u002Fp\u003E\n","manufacturing-employment-growth-in-manufacturing-industry-2017-2022","Employment Growth in Manufacturing","\u003Cp\u003EEmployment growth in manufacturing industry (NAICS 31-33) at the CMA\u002FMSA level between 2017-2022\u003C\u002Fp\u003E\n","manufacturing-employment-in-professional-scientific-and-technical-services-industry","Employment in Professional, Scientific, and Technical Services Industry","\u003Cp\u003EStatistics Canada, 2023; Lightcast, 2023\u003C\u002Fp\u003E\n","\u003Cp\u003EEmployment in Professional, Scientific, and Technical Services Industry (NAICS 54) at the CMA\u002FMSA level\u003C\u002Fp\u003E\n","manufacturing-proportion-of-employment-in-professional-scientific-and-technical-services-industry","Proportion of Employment in Professional, Scientific, and Technical Services Industry","\u003Cp\u003EProportion of employment in Professional, Scientific and Technical services industry (NAICS 54) at the CMA\u002FMSA level\u003C\u002Fp\u003E\n","manufacturing-employment-growth-in-professional-scientific-and-technical-services-industry-2017-2022","Employment Growth in Professional, Scientific, and Technical Services Industry","\u003Cp\u003EEmployment growth in Professional, Scientific and Technical services industry (NAICS 54) at the CMA\u002FMSA level between 2017-2022\u003C\u002Fp\u003E\n","Waterloo offers market access to 187+ million people within a day’s drive.","manufacturing-population","manufacturing-population-growth","manufacturing-immigrants-as-of-total-population","\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww150.statcan.gc.ca\u002Ft1\u002Ftbl1\u002Fen\u002Fcv.action?pid=9810044601\"\u003EStatistics Canada, 2021 Census\u003C\u002Fa\u003E; \u003Ca href=\"https:\u002F\u002Fdata.census.gov\u002Ftable\u002FACSDP1Y2021.DP02?q=DP02:+SELECTED+SOCIAL+CHARACTERISTICS+IN+THE+UNITED+STATES\"\u003EU.S. Census Bureau, 2023\u003C\u002Fa\u003E\u003C\u002Fp\u003E\n","manufacturing-average-commute-time","\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww150.statcan.gc.ca\u002Ft1\u002Ftbl1\u002Fen\u002Fcv.action?pid=9810045701\"\u003EStatistics Canada, 2021 Census\u003C\u002Fa\u003E; \u003Ca href=\"https:\u002F\u002Fdata.census.gov\u002Ftable\u002FACSST5Y2021.S0801?text=commute&t=Commuting\"\u003EU.S. Census Bureau, American Community, 2022\u003C\u002Fa\u003E\u003C\u002Fp\u003E\n","manufacturing-median-sold-home-price","\u003Cdiv class=\"ewa-rteLine\"\u003E\u003Ca href=\"https:\u002F\u002Fmarketing.rlpnetwork.com\u002FCommunications\u002FRoyal_LePage_National_House_Price_Composite_in_the_Second_Quarter_of_2023.pdf\"\u003ERoyal LePage House Price Survey, Q3 2023\u003C\u002Fa\u003E; \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\"\u003ERealtor.com, October 2023\u003C\u002Fa\u003E\u003C\u002Fdiv\u003E\n","\u003Cp\u003EMedian sold home price in USD (all home types)\u003C\u002Fp\u003E\n","Did You Know?","Waterloo has the largest robotics and automation cluster in Canada.","Industrial","manufacturing-of-emission-free-energy-generation-by-state-province","% of Emission-free Energy Generation (by State\u002FProvince)","\u003Cp\u003EU.S. Energy Information Administration, 2023. Sources: \u003Ca href=\"https:\u002F\u002Fwww.ieso.ca\u002Fen\u002FCorporate-IESO\u002FMedia\u002FYear-End-Data\"\u003EIESO\u003C\u002Fa\u003E, \u003Ca href=\"https:\u002F\u002Fwww.eia.gov\u002Felectricity\u002Fdata\u002Fbrowser\u002F#\u002Ftopic\u002F7?agg=2,0,1&geo=0000g&freq=A&start=2001&end=2022&ctype=linechart&ltype=pin&rtype=s&maptype=0&rse=0&pin=\"\u003EELA\u003C\u002Fa\u003E.\u003C\u002Fp\u003E\n","\u003Cp\u003EPercentage of Emission-free energy generation Data by State\u002FProvince\u003C\u002Fp\u003E\n","manufacturing-average-lease-rate","Average Lease Rate","\u003Cp\u003EAverage asking net rent for industrial, cost per SqFt (USD)\u003C\u002Fp\u003E\n","manufacturing-total-vacancy","Total Vacancy","\u003Cp\u003EOverall vacancy rate for industrial\u003C\u002Fp\u003E\n","See how Waterloo stacks up to other manufacturing cities","ecosystem","\u003Cp\u003EWaterloo is a tech powerhouse. With a high concentration of tech talent, worldclass universities and leading research hubs, it’s an attractive destination for growing tech companies, big and small. See how Waterloo, Canada, compares to \u003Cspan class=\"Apple-converted-space\"\u003E{{ city }}\u003C\u002Fspan\u003E in this tech city comparison.\u003C\u002Fp\u003E\n","Technology office in Waterloo","tech-data-scientist","Data Scientist","tech-software-engineer","Software Engineer","tech-software-developer","Software Developer","tech-devops-engineer","DevOps Engineer","tech-product-manager-technical","Product Manager (Technical)","Cost and Quality","Waterloo offers the “best value when it comes to cost and quality\" for tech talent. - CBRE","tech-tech-talent-workforce","Tech Talent Workforce","\u003Cp\u003ETech Workforce Size\u003C\u002Fp\u003E\n","tech-tech-jobs-added","Tech Job Growth","\u003Cp\u003ETech Job Growth from 2017-2022\u003C\u002Fp\u003E\n","tech-tech-talent-workforce-concentration","Tech Talent Workforce Concentration","\u003Cp\u003ETech Workforce Concentration as a Percentage of Total Workforce (2022)\u003C\u002Fp\u003E\n","tech-tech-graduate-completions","Tech Graduate Completions","\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww.cbre.com\u002F-\u002Fmedia\u002FB0F5FC7061FD4A82ABB5BB55193BDAED.ashx\"\u003ECBRE 2023\u003C\u002Fa\u003E\u003C\u002Fp\u003E\n","\u003Cp\u003ETotal number of bachelor or higher graduate completions including Computer Engineering, Math\u002FStatistics and other tech engineering related degrees\u003C\u002Fp\u003E\n","tech-tech-graduate-completions-2","Tech Graduate Completions (%)","\u003Cp\u003EGrowth rate of graduate completions from 2017-2021 including Computer Engineering, Math\u002FStatistics and other tech engineering related degrees\u003C\u002Fp\u003E\n","World-renowned talent","The University of Waterloo's computer science program is ranked #22 in the world.","tech-population","tech-population-growth","tech-population-change-20s","Population Growth (Ages 20 - 29)","\u003Cp\u003EThe population change of those in their 20s from 2016-2021\u003C\u002Fp\u003E\n","tech-population-change-30s","Population Growth (Ages 30 - 39)","\u003Cp\u003EThe population change of those in their 30s from 2016-2021\u003C\u002Fp\u003E\n","tech-immigrants-as-of-total-population","\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww12.statcan.gc.ca\u002Fcensus-recensement\u002F2021\u002Fdp-pd\u002Fprof\u002Fdetails\u002Fpage.cfm?Lang=E&SearchText=montreal&DGUIDlist=2021A00033530,2021S0503535,2021S0503933,2021S0503462&GENDERlist=1,2,3&STATISTIClist=1,4&HEADERlist=28,24,22,27,23,29,25,26\"\u003EStatistics Canada, 2021 Census\u003C\u002Fa\u003E; \u003Ca href=\"https:\u002F\u002Fdata.census.gov\u002Ftable?q=DP02:+SELECTED+SOCIAL+CHARACTERISTICS+IN+THE+UNITED+STATES&tid=ACSDP1Y2021.DP02\"\u003EU.S. Census Bureau, 2023\u003C\u002Fa\u003E\u003C\u002Fp\u003E\n","Rapid growth","Waterloo is one of Canada’s fastest-growing communities.","tech-average-monthly-apartment-rent","Average Monthly Apartment Rent","\u003Cp\u003EAverage Monthly Apartment Rent\u003C\u002Fp\u003E\n","tech-median-sold-home-price","\u003Cdiv class=\"ewa-rteLine\"\u003E\u003Ca href=\"https:\u002F\u002Fmarketing.rlpnetwork.com\u002FCommunications\u002FRoyal_LePage_National_House_Price_Composite_in_the_Third_Quarter_of_2023.pdf\"\u003ERoyal LePage House Price Survey, Q3 2023\u003C\u002Fa\u003E; \u003Ca href=\"https:\u002F\u002Fwww.realtor.ca\u002F\"\u003ERealtor.com, October 2023\u003C\u002Fa\u003E\u003C\u002Fdiv\u003E\n","\u003Cp\u003EMedian sold home price (all home types)\u003C\u002Fp\u003E\n","tech-rent-to-tech-wage-ratio","Rent to Tech Wage Ratio","\u003Cp\u003ERent to Tech Wage Ratio (Affordability Standard is considered 30% of income to housing)\u003C\u002Fp\u003E\n","tech-average-commute-time","\u003Cdiv class=\"ewa-rteLine\"\u003E\u003Ca href=\"https:\u002F\u002Fwww150.statcan.gc.ca\u002Ft1\u002Ftbl1\u002Fen\u002Fcv.action?pid=9810045701\"\u003EStatistics Canada, 2022\u003C\u002Fa\u003E; \u003Ca href=\"https:\u002F\u002Fdata.census.gov\u002Ftable?text=commute&t=Commuting&tid=ACSST5Y2021.S0801\"\u003EUnited States Census Bureau, 2021\u003C\u002Fa\u003E\u003C\u002Fdiv\u003E\n","Office Costs","tech-office-asking-rent","Office Asking Rent","\u003Cp\u003ECost per SqFt\u003C\u002Fp\u003E\n","tech-estimated-one-year-company-cost","Estimated One-Year Company Cost","\u003Cdiv class=\"ewa-rteLine\"\u003EEstimated One-Year Company Costs\u003C\u002Fdiv\u003E\n\u003Cdiv class=\"ewa-rteLine\"\u003E\u003C\u002Fdiv\u003E\n\u003Cdiv class=\"ewa-rteLine\"\u003E*Based on Average Asking Rent per SqFt x 60,000 SqFt of Office Space and Wages for 500 Employees, including:\u003C\u002Fdiv\u003E\n\u003Cul\u003E\n\u003Cli class=\"ewa-rteLine\"\u003ETech Talent Wages x 272 People\u003C\u002Fli\u003E\n\u003Cli class=\"ewa-rteLine\"\u003ESupport, Non-Tech Wages x 162 People\u003C\u002Fli\u003E\n\u003Cli class=\"ewa-rteLine\"\u003EManagement Wages x 72 People\u003C\u002Fli\u003E\n\u003C\u002Ful\u003E\n","tech-office-vacancy","Office Vacancy","\u003Cp\u003EOffice Vacancy Rate\u003C\u002Fp\u003E\n","See how Waterloo stacks up to other tech cities","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fmsam-blog-thumbnail.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftop-growing-companies-2024-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fbest-locations-2024-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftech-data-points-waterloo-vs-silicon-valley-thumbnail.jpg","cG9zdDoyNjc3","cG9zdDoyNzAx","cG9zdDoyNzg1","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Fstrategic-location","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Ftechnology","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002F2019-10-01-12_56_25-msp17-king-west-img_4715-tif--photos.png","strategic-location","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fauto-in-the-twc-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fexpansion-preparation-worksheet-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-of-waterloo-spotlight-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fnorth-dumfries-spotlight-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fseptember-2023-wrap-up-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fapplyboard-rbcx-announcement-blog-thumbnail.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcbre-2024-blog-thumbnail.png","cG9zdDoyNDU=","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Flogo-canada.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fmsam-blog-hero-image.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftop-growing-companies-2024-blog-hero.png","View of Kitchener at night","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fbest-locations-2024-blog-hero.png","Site Selection Magazine 2024","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftech-data-points-waterloo-vs-silicon-valley-hero2.jpg","Waterloo vs Silicon Valley Graphic","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fai-ecosystem-map-call-to-action.jpg","button","Options_Options_Errorpage_links","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002F2019-10-01-12_56_25-msp17-king-west-img_4715-tif--photos-750x378.png","TaxCategoryArticle_Articlecategorytaxonomy","2024-10-16T14:19:13","2024-10-10T16:46:13","TaxCategoryArticleToArticleConnection",{},"TaxCategoryArticleToTaxonomyConnectionEdge","Talent","talent","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Ftalent","Article_Article_Components_Text","left","https:\u002F\u002Fwww.waterlooedc.ca\u002Fcontact","Subscribe to Blog","widget","https:\u002F\u002Fwww.waterlooedc.ca\u002Finvest","https:\u002F\u002Fwww.waterlooedc.ca\u002Fservices","RootQueryToMenuItemConnection",{},"Mid-sized tech hubs aren’t all created equal","Business expansion to a mid-sized community is a common corporate location strategy, but not all mid-sized communities are equal when it comes to tech.","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002F2019-10-01-12_56_25-msp17-king-west-img_4715-tif--photos-1024x516.png",605,1201,{},"https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fwaterloos-msam-lab-is-revolutionizing-additive-manufacturing","Waterloo’s MSAM Lab is Revolutionizing Additive Manufacturing","View of Multi-Scale Additive Manufacturing Lab showing equipment","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fmsam-blog-hero-image-1440x810.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fmsam-blog-hero-image-1024x576.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fmsam-blog-hero-image-750x422.jpg","View of Multi-Scale Additive Manufacturing Lab with equipment","R&D","rd","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Frd","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Fmanufacturing",{},"https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fbuilt-to-win-celebrating-waterloos-top-growing-companies","Built to Win: Celebrating Waterloo’s Top Growing Companies ","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftop-growing-companies-2024-blog-hero-1440x810.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftop-growing-companies-2024-blog-hero-1024x576.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftop-growing-companies-2024-blog-hero-750x422.png","Industry News","industry-news","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcategory\u002Findustry-news",{},"https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fauto-in-the-twc-blog-hero.png","Car on highway","Automotive","2024-09-10T12:44:13","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fwaterloo-named-one-of-canadas-top-regions-for-investment",17421,"Waterloo Named One of Canada’s Top Regions for Investment","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fbest-locations-2024-blog-hero-1440x810.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fbest-locations-2024-blog-hero-1024x576.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fbest-locations-2024-blog-hero-750x422.png","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fexpansion-preparation-worksheet-blog-hero.png","A building going up in downtown Kitchener","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcity-of-waterloo-spotlight-blog-hero.png","Uptown Waterloo during summer","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fnorth-dumfries-spotlight-blog-hero.png","North Dumfries Township Aerial View","2024-10-21T16:03:21","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Ftech-data-points-waterloo-vs-silicon-valley","Tech Data Points: Waterloo vs. Silicon Valley","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftech-data-points-waterloo-vs-silicon-valley-hero2-1440x810.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftech-data-points-waterloo-vs-silicon-valley-hero2-1024x576.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Ftech-data-points-waterloo-vs-silicon-valley-hero2-750x422.jpg","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fseptember-2023-wrap-up-blog-hero.png","September News from Waterloo","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fapplyboard-rbcx-announcement-blog-hero.png","Students in Classroom","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog\u002Fcbre-scoring-tech-talent-2024","https:\u002F\u002Fresources.waterlooedc.ca\u002Fuploads\u002Fcbre-2024-blog-hero.png","Kitchener cityscape with light rail for CBRE report","\u003Cp\u003EIn a recent article for the \u003Cem\u003EHarvard Business Review\u003C\u002Fem\u003E, famed business expert Richard Florida highlighted the important role talent-focused satellite offices – in mid-sized communities – now have for corporate location strategy.\u003C\u002Fp\u003E\n",Array(6),"Latest News","New expansion announcements, reports and data, interesting feature articles and more. Our blog is your source for the latest from Waterloo.","blog",{},"d3cd97b4-1c21-480c-b854-aab9b7df9258","setNavigations",{},"Invest in Waterloo",{},{},{},{},{},{},{},"Industries","https:\u002F\u002Fwww.waterlooedc.ca\u002Findustries",{},{},{},{},"https:\u002F\u002Fwww.waterlooedc.ca\u002Fdata",{},{},{},{},"https:\u002F\u002Fwww.waterlooedc.ca\u002Fdata\u002Fcompare-cities",{},{},{},"Our Services",{},{},{},{},{},{},{},"Blog","https:\u002F\u002Fwww.waterlooedc.ca\u002Fblog","Contact","https:\u002F\u002Fwww.waterlooedc.ca\u002Fsubscribe","Subscribe","US - US Dollar","USD",{},"Options_Options_currencies",{},{},{},"Toronto","toronto","Vancouver","vancouver","Montreal","montreal","San Francisco","New York","Boston","boston","Austin","austin","Seattle","seattle","Chicago","chicago","Pittsburgh","pittsburgh","Charleston","charleston","Charlotte","charlotte","Cincinnati","Cleveland","cleveland","Detroit","detroit","Indianapolis","indianapolis","Knoxville","knoxville","Louisville","louisville","Nashville","nashville","St. Louis","Waterloo","waterloo")));