Waterloo Region Economic Development Strategy (WREDS)
Work is now underway to develop the first ever Waterloo Region Economic Development Strategy (WREDS). This strategy will help define a new vision and strategic framework for the delivery of economic development services throughout Waterloo Region.
Led by a Steering Committee consisting of the seven Area Municipalities, the Region of Waterloo and Canada's Technology Triangle Inc., and benefiting from the experience of consulting firm Malone Given Parsons (MGP), the strategy will be developed using a collaborative approach that will engage local community experts and stakeholders from a variety of businesses and community organizations.
The strategy will be developed in four phases:
Phase 1 - collection and analysis of relevant economic facts, stakeholder consultation and the preparation of a "foundations" report;
Phase 2 - defining the strategic directions, including the vision, goals and objectives;
Phase 3 - identification of potential action items and plans; and
Phase 4 - completion of the overall strategic document.
It is anticipated that the strategy will be complete by the end of June 2014. To learn more about the strategy and provide feedback, please visit the project website, www.wreds.ca.
Canada's Technology Triangle
Canada's Technology Triangle Inc (CTT) is a non-profit economic development partnership of public and private interests created to market Waterloo Region to the world and attract new business, investment and talent to the Region.
CTT is often the first point of contact for businesses interested in locating here. The organization, which is based in downtown Kitchener, provides information and facilitates networking. It works on economic research and development strategies in consultation with chambers of commerce, post-secondary institutions, municipal economic development offices and senior levels of government.
CTT is governed by a board of directors, including representatives from public and private sectors.
For more information, visit Canada's Technology Triangle website.