Waterloo Region has a very diverse economy covering a wide range sectors from manufacturing to high-tech industries. The area historically has also one of the lowest unemployment rates in Ontario.
The city of Waterloo has significant insurance and high-tech sectors as well as two universities. The city’s largest employers are Sun Life Financial, the University of Waterloo, Manulife Financial, Research in Motion, Sandvine and Wilfrid Laurier University.
The city is also home to three well-known think tanks: the Perimeter Institute for Theoretical Physics, the Institute for Quantum Computing and the Centre for International Governance Innovation.
Together with Kitchener and Cambridge, Waterloo is part of Canada’s Technology Triangle (CTT), a joint economic development initiative that markets the region internationally.