Waterloo Region is a large, vibrant municipality that includes the cities of Cambridge, Kitchener, and Waterloo and the townships of North Dumfries, Wellesley, Wilmot, and Woolwich (St. Jacobs).
The region is home to three world-renowned universities and a top ranking college. Each year there is an influx of approximately 50,000 students to the area and this helps shape the local culture and economy. After graduation, many students apply their knowledge and skills in local businesses or create their own successful companies, which contributes to the region's prosperity and quality of life making it a great place to live.
In recent years, the region has developed a well-known, thriving technology sector, and in 2007 the City of Waterloo won the award for the World's Top Intelligent Community for creating a competitive local economy.
The government has recognized the strategic and economic importance of the region and is investing in several projects, including the Light Rail Transit system that will improve transportation between the three cities, help manage urban growth, and encourage business development. The move to manage urban growth means that more buildings and condos will be developed in the core. The government also plans to improve Highway 7 to Guelph beginning in 2015.
The region is expected to grow from 543,700 to 730,000 by 2031.
With all of these exciting developments, it's easy to see why Waterloo Region is a great place to live in and invest in!