Did you know that the average cost of a 3 bedroom home here is $250,000, making this the most affordable tech community to buy a home in Canada?  There are over 700 kms of high fidelity fibre beneath our feet in Waterloo Region, even going to rural communities, making the Region one of the best connected on the planet.

Waterloo Region boasts more geeks per square foot than any other community in Canada.  The most notable acquisitions of start ups  in the last 3 to 5 years: Intel (RapidMind), Electronic Arts (J2Play), Google (Reqwireless), 3M (highjump software) and Oracle (Siebel Systems).  The labour force is 372,000 people.  88,000 post secondary students, 26,000 co-operative students.

800 plus tech firms in Waterloo Region, 300 plus burgeoning tech startups, Tech sector generates $22 Billion revenue annually, more than $500 Million in tech acquistions in the last 12 months, 30,000 people employed at tech firms, 2000 tech jobs available.

Waterloo Region is home to many superlatives: Largest software company – Open Text, Largest company by market capitalization – RIM, World’s leading projection company – Christie Digital, Canada’s largest satellite company – COM DEV.

This information was sourced from Smart Move, Communitech’s publication.