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Innovating on the global financial stage

Waterloo is part of the second largest financial hub in North America - the Toronto-Waterloo Corridor - with fintech startups, scale-ups and industry leaders collaborating on everything from Web3 infrastructure to next-generation insurance platforms. Our fintech ecosystem is anchored by some of Canada’s most storied financial leaders including Sunlife, Manulife and TD Bank.

Waterloo at a Glance

Tech Density

The second largest technology cluster in North America

From the finance capital of Canada in Toronto to the insurance capital of Canada in Waterloo, Waterloo’s strategic location means you can tap into the best talent and biggest markets in Canada. There’s a reason Toronto-Waterloo was #7 on Startup Genome’s list of the world’s top fintech ecosystems.

Here’s what you’ll find in the Toronto-Waterloo Corridor:

  • 15,000 tech companies
  • 5,200+ startups 
  • More than 300,000 tech workers 
  • 16 universities and colleges
  • 7.7 million people speaking 150 languages
  • $332 billion economy

Our Support Ecosystem

Surround your business with the best minds in fintech

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Centre for Accounting Research and Education

Located at the University of Waterloo, CARE contributes to the areas of fundamental and applied accounting research and education.

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Accelerator Centre

The Accelerator Centre is Canada’s #1 ranked private business accelerator that helps founders rapidly bring their innovation to life.

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Built by founders for founders, Communitech is Canada’s leading innovation hub, supporting a community of more than 1,200 founders.

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They Choose Waterloo

From global leaders to the next big thing, these companies are building the future in Waterloo

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" With Waterloo being globally recognized as a tech innovation hub, we’re excited about the sheer number of highly-skilled, talented professionals who are coming out of the region. "

Tim Hogarth

VP of Innovation Framework & Strategies, TD Bank

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