Quote:TD Bank Group is creating 120 jobs in Waterloo with the opening of a technology innovation centre.
The office, at 55 Columbia St. E., is already up and running, with a few employees on-site since mid-September.
Those numbers are expected to swell dramatically over the next year as the bank draws on local talent, said Jeff Martin, TD's senior vice-president and chief information officer of direct channels.
"We recognize that there's a lot of innovation talent in the area," he said. "We need to be where they are. They're not going to come to us."
Proximity to the region's universities was a factor in opening the facility in Waterloo, Martin said.
Employees at the local office will take on information technology and software engineering roles. The centre will also look at attracting data scientists in the future.
"We're really continuing to expand, especially in the digital space," Martin said.
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