BlackBerry company recently sold off most of its property in Canada, rented from the new owners only some of the previously occupied space.
Of course, BlackBerry talented employees in many cases are thinking about creating their own companies. Over the last year in the so-called start-ups were invested about $ 235 million Canadian government spent indirectly on similar needs another $ 183 million Many young entrepreneurs with innovative ideas prefer to stay in Canada and to not move to California.
Upturn in the industry, has increased demand for commercial real estate. Waterloo has begun to attract investors. In the city center there are new bars and trendy shops, allowing local entrepreneurs in the IT sector to spend time and spend the money earned . Local university also provides young company personnel as training system pays much attention to practical work experience. High level of infrastructure development in Canada attracts companies wishing to try their hand in the segment of IT or related fields.