School of Business & Economics
New research group to focus on Waterloo Region's economy
Read coverage of this announcement in The Record.
A group of Waterloo Region stakeholders have formed a collaborative research group to track and study the economy in Waterloo Region. The group, known as the Waterloo Region Collaborative Economic Research Group (WRCERG) consists of the Laurier Centre for Economic Research and Policy Analysis (LCERPA); Canada’s Technology Triangle Inc; the cities of Cambridge, Kitchener, and Waterloo; the Region of Waterloo; and the Workforce Planning Board of Waterloo Wellington Dufferin.
The focus of the WRCERG is to collect and share data and analysis to create an accurate and consistent picture of the regional economy over time. The group also provides a forum for discussion of and collaboration on research issues and the coordination of research projects.
“The formation of WRCERG will make efforts to study the regional economy more efficiently by pooling our resources and it will promote dialogue and coordination between our members.” says WRCERG Chair Bill Morrison, director of LCERPA at Wilfrid Laurier University.
John G. Jung, CEO of Canada’s Technology Triangle Inc. says, “It makes sense to share both the costs and the benefits of our research initiatives, especially within a community that truly understands the value of collaboration.”
The first initiative undertaken by WRCERG has been the creation of a one-stop internet resource that provides a summary of key economic data for Waterloo Region and also provides links to additional data and analysis. The resource: ‘Waterloo Region’s Economy at a Glance’ is open access (free) and can be found at the WRCERG website, hosted by the Laurier Centre for Economic Research at: www.lcerpa.org/wrcerg.
Future projects for WRCERG include plans to expand on the amount of economic data available for our region and initiatives to encourage regional economic analysis by university and college students. One such project will sponsor an annual research report by graduate business students at Wilfrid Laurier University.