General Business Updates and News

[Markster]

Building Magazine has a generic overview writeup of the region:

http://www.building.ca/news/nerds-will-l...003540261/

Nerds Will Lead Us
North America's technology sector continues to grow and innovate, and much of that is happening in the Waterloo Region. Although Ontario's Innovation Corridor is ripe for serious growth, will public and private developers get it right?

By: Rhys Phillips
2015-03-01

A funny thing happened on the way to the implosion of the Canadian oil and commodities economy. Ontario, long dismissed as an aging laggard, metamorphosed into a leader, albeit a modest engine for a modest recovery. The jury is still out on whether plunging energy costs and the retreating dollar can turn around the province’s shrinking manufacturing sector hard hit by the deep 2008 recession. But whatever the outcome, a key misunderstanding about the strength of Ontario’s broader economy has been revealed.

Much of the Greater Toronto Area (GTA) and many surrounding cities remain in much better shape than many thought. Warnings of a housing bubble to the contrary, Toronto sometimes feels like one vast construction site.  Equally significant is the growing creative digital economy anchored at either end of an Innovation Corridor by the GTA and Waterloo Region. Iain Klugman, CEO of Communitech, Waterloo Region’s innovation commercialization promoter and operator of a highly successful digital media and mobile accelerator, goes so far as to say that the region largely escaped the impact of the Dot-com bust of 2000, the deep 2008 recession and the rapid shrinkage of Research In Motion (RIM).

[...and lots more]

Nothing there that anyone on this forum doesn't already know, but it's nice to know others are thinking about us.