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Located just one hour west of Toronto off Highway 401, Waterloo region is a major industrial centre, with an extensive high-tech sector. It supports a diversified economy, with a high-technology flavour that reflects the world-wide reputation of the University of Waterloo. A number of middle-sized companies make their head offices in Waterloo Region. It boasts one of the fastest-growing regional economies in Canada, with an unemployment rate and a poverty rate that are among the lowest in the country.
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