Top Industries in Waterloo
Waterloo is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Waterloo include:
Technology
Waterloo's technology sector is a major economic driver, with a focus on software development, AI, and cybersecurity. The presence of the University of Waterloo fosters innovation and provides a steady stream of skilled graduates.
Range: $70-$150k
Growth rate: 15%
Some job openings:BlackBerry is hiring: Software Engineer, Cybersecurity Analyst
OpenText is hiring: Data Scientist, Cloud Solutions Architect
Education
The education sector in Waterloo is bolstered by institutions like the University of Waterloo and Wilfrid Laurier University. These institutions not only provide employment but also contribute to research and development in the region.
Range: $50-$100k
Growth rate: 10%
Healthcare
Healthcare is a growing industry in Waterloo, with increasing demand for medical professionals and support staff. The region's healthcare facilities are expanding to meet the needs of a growing population.
Range: $60-$120k
Growth rate: 12%
Employment Trends and Growth Rates
Waterloo is experiencing a surge in tech-related job opportunities, driven by its strong educational institutions and innovative companies.
The city's job growth rate is projected to be robust, particularly in technology and healthcare sectors.
Income inequality is a concern, but the city's focus on education and tech innovation helps mitigate disparities.
Job turnover rates are relatively stable, with a steady demand for skilled professionals in key industries.
Job Market for Remote and Freelance Workers in Waterloo
Remote work is becoming increasingly popular in Waterloo, with many tech companies offering flexible work arrangements.
The demand for remote positions is high in sectors like technology, marketing, and design.
Local companies such as OpenText and BlackBerry are leading the way in providing remote work opportunities.
Job Resources and Networking
Waterloo offers a variety of job resources, including local job boards and career fairs.
The city's universities provide career development centers and job placement programs to assist graduates.
Local job boards such as WaterlooJobs.com offer listings specific to the region.
Property Prices Rankings
The Property Prices Rankings for Canada evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025