Home to Google, Shopify, and hundreds of startups, Waterloo Region has earned its reputation as Canada's Silicon Valley. Here's what makes the tech hub tick.
Written by
Famelee Toronto
Published: Saturday, December 20, 2025
Updated: Monday, December 29, 2025
They call it Canada's Silicon Valley, and for good reason. Waterloo Region punches far above its weight in the tech world, producing more startups per capita than almost anywhere else on the continent.
The Communitech Hub
At the heart of it all is Communitech, the massive innovation hub housed in a converted tannery building. This is where startups get their start, where founders network, and where the next big thing might be brewing right now.
The energy inside is palpable. Open workspaces hum with activity, meeting rooms overflow with pitch sessions, and the coffee never stops flowing.
The Big Players
The presence of major tech companies has created a flywheel effect. Google arrived first, drawn by University of Waterloo talent. Shopify followed, building a massive campus that keeps expanding.
These companies don't just hire locally—they spawn new ventures. Former employees launch startups, create angel investor networks, and mentor the next generation.
University of Waterloo: The Talent Pipeline
You can't discuss Waterloo tech without mentioning the university. UWaterloo's co-op program has produced founders of BlackBerry, Pebble, Kik, and countless other companies.
The engineering and computer science programs attract top talent from around the world. Many students never leave—they start companies here instead.
Velocity and the Startup Ecosystem
Velocity at UWaterloo is one of the top university startup incubators in the world. It has produced companies valued at over $5 billion combined.
From AI to fintech to biotech, Waterloo startups span every sector. The diversity of innovation here is remarkable.
The Culture
What sets Waterloo apart is the collaborative culture. Competitors share advice. Established founders mentor newcomers. The community genuinely wants everyone to succeed.
Getting Involved
Whether you're a founder, developer, or just curious, there are entry points. Attend Startup Open House. Join a meetup at The Tannery. Grab coffee at Settlement Co and eavesdrop on pitch practice.
The tech scene isn't exclusive—it's remarkably open to newcomers willing to contribute.
Explore Waterloo
Discover the best neighbourhoods for tech workers, find co-working coffee shops, or learn about real estate options.
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