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57 Erb Street West,
2nd Mezzanine,
Waterloo Ontario
Canada N2L 6C2

Toll: 866.233.5133
Phone: 519.747.2541
Fax: 519.576.4333

info@techtriangle.com
Area Named in Foreign Direct Investment (fDi) Magazine’s Top Rankings for North American Cities of the Future
Canada's Technology Triangle has garnered a top 5 ranking among "Small Cities of the Future" in North America. On May 8th, 2007, Canada's Technology Triangle Inc accepted the award in Boston on behalf of partners in the Waterloo Region and the cities of Cambridge, Kitchener and Waterloo. It's the second consecutive year that Waterloo Region has fared well in fDi's Cities of the Future rankings.

The North American award reception was held in conjunction with Bio2007, the major event held by the Biotechnology Industry Organization (BIO) each year. The international conference has been part of investment attraction initiatives for CTT Inc and partners since 2003.

Recognized in the "Top 10 Small Cities of the Future" category, Waterloo Region ranked 5th overall. The "Small Cities" category covers communities of 100,000 to 500,000 people. The area also achieved:
  • 2nd for "Best Human Resources"
  • 2nd for "Quality of Life"
  • 4th for "Best Infrastructure"
  • 5th for "Best Development and Investment Promotion"
Courtney Fingar, Editor, fDi Magazine, says there has been far greater take-up from North American cities to participate in the research rankings. "Waterloo impressed fDi's judges in several areas, particularly for the region's infrastructure, development and investment promotion, human resources and quality of life." Pictured below, Linda Fegan, Director of Marketing and Communications for Canada's Technology Triangle Inc (right) accepts one of the five awards presented by fDi's Editor, Courtney Fingar in Boston during the Biotechnology Industry International conference.



fDi is the premier publication for the business of globalization and is produced by the renowned Financial Times group of London, UK. The judging panel represented public and private leaders from New York, Washington and Chicago, and included Steve Demmings, president, Site Selection Canada.

The prestigious 2007/08 competition had entries from 108 cities across North America. Submissions were evaluated for economic potential, cost effectiveness, human resources, quality of life, infrastructure, business friendliness and FDI promotion strategy. This year, the competition was changed from the previous survey ranking for Canada and moved to a broader North American-wide ranking among locations in the United States, Mexico and Canada. The ranking is based on data submitted covering the Waterloo Region including the cities of Cambridge, Kitchener and Waterloo.

View award highlights from the April/May 2007 issue of fDI Magazine in PDF format [2.31 MB].

John Tennant, CEO, Canada's Technology Triangle Inc, says fDi's report spotlights North American locations that firms that are expanding or locating should carefully evaluate. "Our Top 5 ranking is yet another independent indicator of the attractiveness of our Region to international business", according to Tennant. "The high ranking for Best Human Resources is a testimony to our outstanding postsecondary educational institutions and highly skilled talent pool. The community leadership should take pride and credit for Waterloo's high standings in terms of quality of life and infrastructure."

Last year, Canada's Technology Triangle took the title of Canada's "Most Cost Competitive" area and was also the location for fDi's Global Personality of the Year Awards which honoured Ontario Premier Dalton McGuinty. It was the first time the esteemed awards celebrations were held in North America. The "Cities of the Future" competition is now in its fifth year.

View the complete media release in PDF format [35 KB].
Canada's Technology Triangle Inc is Supported by Community Partners
Canada's Technology Triangle Inc is Strengthened by Corporate Partners

· University of Waterloo ·
· Atria Networks LP · BMO Bank of Montreal · Borden Ladner Gervais LLP · Coldwell Banker Peter Benninger Realty · Dean Group ·
· Future Focus Inc. · High Performance Leadership · McDonald-Green · Melloul Blamey Construction · Miller Thomson LLP ·
· Straight Street Event Services · Waterloo Inn Conference Hotel ·
· atWork Office Interiors · Bell Canada · CTV Television · Gowling Lafleur Henderson LLP · Marsh Canada Limited ·
· Marsland Centre Limited · McWilliams Moving and Storage · MedManager Interactive Corporation ·Scotiabank Group ·
© 2008 Canada's Technology Triangle Inc