According to CIBC the KWC census metropolitan area ranks third in economic activity among Canada’s 25 largest communities with a score of 18.0.  Toronto was ranked first and Edmonton was second with scores of 23.0 and 20.0 respectively.  Waterloo Region’s high economic activity score reflects the strong population growth, relatively high quality of employment, strong growth in construction activity and low levels of personal and business bankruptcies.  The banks Metropolitan Economic Activity Index measures 9 macroeconomic variables.

Here is the full story in the Record: http://www.therecord.com/news/business/article/657606–waterloo-region-s-economic-activity-ranks-third-in-canada