why invest in waterloo region?
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Why invest in Waterloo Region?
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WATERLOO REGION
Waterloo Region is known worldwide as a community ofchoice for investment, generating prosperity and a high
quality of life for all residents.
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WHAT DEFINES WATERLOO REGION
Diversein industry, population andculture.
Innovativethrough post-secondaryinstitutions, think-tanks, spin-offs and
economic evolution.
Entrepreneurialthrough unique IPpolicies, academic-industry partnerships
and high number of start-ups.
Collaborativethrough network groupsand business support organizations.
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WHAT DEFINES WATERLOO REGION
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Strategic Location
Astride Highway 401, Canadas superhighway Proximate to 6 Canada-U.S. border crossings at Windsor-Detroit (Ambassador Bridge,
Windsor Tunnel), Niagara Falls (Peace Bridge, Queenston-Lewiston), Fort Erie-Buffalo and
Sarnia-Port Huron
Over 5 million people within 100 km radius and 150 million people within 1 days drive
(1200km)
Quality of life
Access to skilled talent
Culture of entrepreneurship
100% fibre-wired community
Affordable cost of living
An international airport
REGIONAL STRENGTHS
Source: 2007/08 Waterloo Region Tech Directory Survey
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Downtown Cambridge UptownWaterloo
Downtown Kitchener
THREE URBAN CORE AREAS
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REGION OF WATERLOO INTERNATIONAL AIRPORT
The Region of Waterloo International Airport (YKF) is classified as an airport of entry
with fully serviced leased land available for aviation related development.
Non-stop daily service available between Waterloo Region and:
Calgary with WestJet
Chicago with American Airlines
Ottawa with Bearskin Airlines
Providing one-stop connectivity to over 250 destinations in 40 countries.
Beginning December 23 seasonal weekly service to Cancun available with Sunwing.
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DIVERSE AND GROWING POPULATION
Current regional population of 559,000
10th largest metropolitan area in Canada & 4th largest urban area in Ontario
Forecast to grow to 742,000 by 2031
Skilled workforce of 296,700
Source: Statistics Canada
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STRONG DIVERSE ECONOMY
$22.1 Billion real GDP
3.9% GDP growth from 2011 to
2012 More than 300 foreign-owned
firms
20.8% of labour force employed inmanufacturing
Manufacturing,
21%
Construction , 6%Primary &
utilities, 1%
Transporatation &
warehousing, 4%
Information &
cultural
industries, 2%
Wholesale & real
estate, 15%
Finance,
insurance,
& realestate, 9%
Business service,
12%
Personal services,
12%
Non-commercial
services, 16%
Pulic
administration,
3%
Employment by Industrial Sector
Source: Statistics Canada; Conference Board of Canada; Canadas Technology Triangle Inc.
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Lowest overall tax rate on new business investment in the G7
Canada offers a low-cost, low-tax environment. Employers in Canada enjoy the lowest payrolltaxes among their G7 counterparts, and Canadas combined federal-provincial statutorygeneral corporate income tax rate of 26% 13% less than the average U.S.
Labour costs in Waterloo Region are lower than the United States, Germany, Netherlands,Japan and the United Kingdom
On average, it takes only one government procedure to register a company in Canada, andthe entire process, often done online, takes about five days
Ontarios R&D tax credit (SR&ED) reduces every $100 in R&D to about $56 for SMEs
Lowest costs in G7 for R&D intensive sectors, with up to a 10.7% advantage over the U.S.
BUSINESS ADVANTAGES
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INNOVATIVE
Patents Granted Per Million Population
Source: Canadian Intellectual Property Office
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PRODUCTS MADE IN THE REGION
Toyota/LexusChristie Digital Systems Inc. COM DEV International
BlackBerryRIMOWA
Teledyne DALSA
Thalmic Labs MYO
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COLLABORATIVE
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KEY ECONOMIC SECTORS
AdvancedManufacturing
AutomotiveManufacturing
Electronics and
Components
Automation
Clean Tech
Food Processing
Aerospace
ICT
Digital Media
Hardware
Software
Wireless
Telecommunications
Cloud Computing
Business and
FinancialServices
BPO
Actuarial Sciences
Insurance
Accounting
Banking / Regional HQs
Health andLife Sciences
Nutraceuticals
e-Health Solutions
Medical Devices
Health Informatics
Education
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ADVANCED MANUFACTURING
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INFORMATION & COMMUNICATIONS TECHNOLOGY
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BUSINESS & FINANCIAL SERVICES
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HEALTH & LIFE SCIENCES
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University of Waterloo (UW)
Wilfrid Laurier University (WLU)
Conestoga College Institute of Technology and Advanced Learning
Nearby University of Guelph (30mins)
WORLD CLASS POST-SECONDARY EDUCATION
79,000 post-secondary students 20,500 co-operative education students
150 research centres
Source: University of Waterloo; Wilfrid Laurier University; Conestoga College; University of Guelph
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UNIVERSITY OF WATERLOO
Source: Mcleans Magazine; University of Waterloo
Known world-wide for its leading computer science, mathematics and engineeringprograms.
Arguably the largest pool of math and computer science talent in the world
The worlds largest co-operative program
Consistently ranked Canadas #1 in the Most Innovative, Leaders of Tomorrowand Comprehensive University categories
Canadian leader in technology transfer, with more than 250 technology-based spin-offs (including Teledyne DALSA, OpenText, Desire2Learn, BlackBerry and Thalmic
Labs)
http://www.techtriangle.ca/en/uwaterlooideasstartherevideo.asp -
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WILFRID LAURIER UNIVERSITY
Highly ranked among Canadas Comprehensive Universities
One of Canadas largest business schools Best known for its excellence in business, economics and music programs,
including post-graduate studies
Canadas largest business co-operative education program
Canadas first 12-month MBA program
Source: Mcleans Magazine; Wilfrid Laurier University
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One of Canadas premier polytechnic institutes
Ranked amongst the top Ontario Colleges
Ontarios Manufacturing College
Offering Applied Degrees, Diplomas, Apprenticeship, Part- time and CustomizedTraining
Focus on Engineering Technology, IT, Skilled Trades, Business, Health Sciences,Media, Food Processing
CONESTOGA COLLEGE
Source: Conestoga College
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Top University Innovation Leader in Canada Strengths in agriculture, veterinary medicine and environmental
studies
Leading research on agri-food partnering with Ontario Ministry ofAgriculture, Food and Rural Affairs
UNIVERSITY OF GUELPH
Source: RE$EARCH Infosource Inc.; University of Guelph
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QUALITY OF LIFE
Kitchener-Waterloo ArtGallery
Waterloo Region Museum
Canadian Clay & GlassGallery
The Grand River (heritage
river)22+ Golf Courses
Camping, fishing, canoeing
Kitchener Blues Festival
Multicultural Festival
OktoberfestUptown Waterloo Jazz Festival
Kitchener-Waterloo Symphony
Orchestra
Kitchener-Waterloo OperaDunfield Theatre Cambridge
Arts Festival
Cultural &Heritage
Recreation
http://www.explorewaterlooregion.com/ -
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AVERAGE HOME PRICES
Kitchener-Cambridge-Waterloo $320,229
Ottawa $358,343
Guelph $358,868
Hamilton-Burlington & District $376,552
National Average $378,532 Ontario Average $393,647
Calgary $435,032
Toronto $508,022
Vancouver $731,595
Source: Canadian Real Estate Association, March 2013 Average Home Prices
Waterloo Region
Named Ontario's Top
Investment Town
2009-2014
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CTT INC BUSINESS DEVELOPMENT TEAM
John G. JungChief Executive Officer
Jason KipferSenior Business Development Officer
Stephanie BaskervilleBusiness Development Coordinator
Ann GrayDirector of Corporate
Development & Administration
Rob EvansSenior Business Development
Officer
Catherine BischoffSenior Business Analyst
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Waterloo Region A Great Place to Invest!
Thank you!
260 King Street West, 2rd Floor, Kitchener, ON N2G 1B6
Phone: 1-519-747-2541;
Toll Free: 1-866-233-5133 (North America Only)
Fax: 1-519-576-4333
[email protected]; www.techtriangle.ca
Is it a good place to invest? Well, were investing over $10M
in R&D here annually and our growth plan continues as we
deliver digital cinema products to the world from Waterloo
Region.
- Gerry Remers, President, Christie Digital Systems Inc
mailto:[email protected]://www.techtriangle.ca/http://www.techtriangle.ca/mailto:[email protected]