Reminders

Community Context 2007

Economic: 2007 Archive

Community Context

What areas make up Waterloo Region?

Of course, the "big three" - Kitchener, Waterloo, and Cambridge - but also the townships of Woolwich, Wilmot, Wellesley, and North Dumfries. In total, it covers 1,382 square kilometres of land.

The total population of Waterloo Region is approximately 478,121. From 2001 to 2006 we experienced a dramatic growth in our population rate of 8.9%. That's 39,606 more people living here today than five years ago! This booming increase was much higher than the national average of 6.6%.

Over 80% of the people living in Waterloo Region are over 15 years of age and the median age of our local population is 36.5 years.

From 1996 to 2005, Waterloo Region showed remarkable growth in employment, reporting a 26% increase in how well we absorbed new and existing residents into our local workplace.

Gross Domestic Product, or "GDP," is one of the most common ways of measuring the size of an economy. In measuring GDP, our local economy is bringing in over $20 billion per year. As a result of this flourishing economy, there were 2,500 new housing starts in the Region during 2006.

% Population Growth:
2001-2006 (CMAs)

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Source : Statistics Canada Community Profiles: Census 2006.
Note: STUDENTS who return to live with their parents during the year are included at their parents' address, even if they live elsewhere while attending school or working at a summer job.


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