While we're at it, a bunch of YC companies are headquartered or have an office there like Appcanary, Upverter, PagerDuty. Big tech companies have offices there too, like Mozilla and Google (mostly sales in Toronto for now, eng in Waterloo). Lots of small bootstrapped tech startups, consultancies, and agencies, too—like the famous Teehan+Lax agency that got bought by Facebook. This is just from the top of my head, I'd love to see a more comprehensive list.
That's a shame. Given that Vancouver and Toronto both have higher rents and are less attractive cities than Montreal, I was hoping that it'd be heating up in terms of jobs.
There is some aspect of the French law that keeps companies far, yes, though there's a limit (the law doesn't apply to small companies in some aspects)
No Waterloo is not and will not call itself a part of greater Toronto. It's like saying Baltimore is a part of DC (just a little bit closer), or like saying Philadelphia is a part of New York City (just a little bit farther).
Kitchener-Waterloo is a distinct town, and is a part of the original Canadian "Tech Triangle" - with the demise of RIM/Blackberry, it's lost the lustre but there's no way anyone can take seriously bundling Waterloo into the Greater Toronto Area.
Those cities are actually part of a geographic region called the Golden Horseshoe Area, which is more comparable to Census Statistical Areas in the US (like the SF Bay Area, Baltimore-Washington Area, and Chicagoland).
Fact check time. Shopify's headquarters is in Ottawa. Kik is in Waterloo.