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Wâ€" 7 Vi \ll til i it)! “RUN“ Ill- slni‘edriesdin lletetnber til .‘U‘Jtl ' 3 Weathering the storm Ma or thinks the city is well ositioned to meet the challenges of the economy ‘ y p ,7# BY Boa Vitmmr. “‘ ' E (Junior {r will] ' 3“ 1“ l I I Ilie (Lily ol Waterloo has , already tell the budget I squeeze and done the belt , y. tightening that a lot of families are a '51 I going through at this time ofyearr ‘ a“; V',’.‘-" I v' P3; -_...3 V: . [tut Waterloo Mayor Brenda 1â€". .~ 1-5 7 ' 7 f?“ 5“ , 1"" ‘ ‘ llalloran said the municipality is i 7 ‘V .._....._. "‘â€""“‘ “ -â€""“"“ ~"- ~ » -- well positioned to weather the g ' W‘y _ A Vii“ - ,l, ’ r ., economic turmoil with the high {332% . ., "xii! - ' "3 V k F a“ ' " i r tech sector and its educational are}: ‘Wyu ‘ institutions ready to lead the way, ' ' ._ ‘ l 1‘ A “l know that there are a lot of economic concerns that are affect ’ . ' - ,\ $33k ‘ - 'v , ing this community, but i think "‘ g“ '7 I i_. ‘ overall that Waterloo is still in a ; . :5! l 1 I I)‘*-:"~ ‘ very good position," said llalloratr ”:3 ' l 3. ‘ g I I“. x . looking to the new year. $- . ‘1 . i ‘ a J ‘ 'lhere have been job losses in i 3 L: l l’ f“ sortie sector» most notably in “5 git' : f ‘. iv". local manufacturing Bot llalloran . x .. l ‘ "73‘ a ‘ . ' ' c t t A ‘ -~ ? . p.â€" ’1 said sheiust spoke retentl) to loial \. - . f ,3 . high-tech industry leaders like lim 1 z “ Q. Balsillie. who said his company, ‘ - ' Waterloorbased Research In V _ Motion is looking tor 1300 work ~ '- ~\__ \ ers immediatel)‘ and has the l -\ N \ capacityto hirein to 4,000 c - .t ~. lhere is still a demand for high- v av, ‘ ' x \ tech workers to meet the growing 5 "‘ ~- ' a . ' ,_ needs of the local high-tech sector, m ' _‘ And for eiery engineer that moves ‘ , w - up in an organi/ation they need ‘ m ‘ two more to fill that vacated posi- tion, . “ l‘hat speaks to how important Waterloo Mayor Brenda Halloran said the city's high‘tech cluster and academic sectors will help it get through the economic challenges being seen in the high-tech community and the communities across Ontario. ”macro academic sector is to this commuâ€" , nity and how it keeps us going." how we form clusters here in family finances" said Halloran “If about the just completed city another high-tech firm and said Halloran. “There are a lot of Waterloo." said Halloranr "We‘re you can't afford it you wait. budget that held council to a 3.33 extends the cluster of high‘tech new hires needed â€"» Open Text has starting to see people coming here “We're building a public square per cent property tax increase in industries into the centre of the 200 )ob openings. and working with Waterloo,” that can add the amenities when 2009‘ city "l think how fortunate we are to Some other local highlights we can afford it w whether as a “it was tough to say no {to a “it was a community Win," said live in a community like that. And ”It lode the new Waterloo public community we can afford it or number of priiyectsi but when you Halloran "We stood very strong there are opportunities still Loni square, which has come in on when we find some donors " look at what's happening we‘ve all against loblaws and told them ing down the pipe for its" budget although its official open lhe infrast rut ture iii-fit Ii, got to change we'll trike you on lhat int hides twinning With mg has been delayed until the which all ()ntario municipalities ”This is like a W H iii the cut "But there were also members Bratnport in the Netherlands to spring by the iinseasonable wech have talked about this past year, is tiornic world and the worlds of the community who went down build ties With the lauropean high er ( otistruction couldn't be com especially acute iri Waterloo, where changed so we taut haw it all and and spoke to l oblaWs and told tech market to develop opportuni pit-ted on time because of the the lth Park debt wont be off the we have to accept that " them they don‘t want them there ties over there while bringing bust unusually snowy fall. which put books until will lhat has present ()ther tommunity \‘lt'ititlt‘\ "'lhat doesn't happen that often ness bark toWaterloo back the pouring of some of the ed some challenges for the city mi hide the compromise the city that people get that engaged and llalloran said that a hit of the limit rete features anti footings of and has included delayang proietts was able to work out with lrihlaws involved and I'm glad that name rt‘i ognition Waterloo has the new publit spate like a proposed east end library to stop a proposed superstore loblawsrhanged its mind " l enjoyed in the last year .is an inter llnfortunateh. the city ioiildnt brunt it until Jill“. from being built on industrial land lhe ( in; bad a lot of dealings 1 national high tech bill) has come ttIt‘nt' up With private sponsors for But proier ts like the west end on the Weber Street and King With the Ontario Munit ip.il hoard j from the Intelligent ( orniniitiities the water feature and public skrit librar\ and rer rr'ation fat ilitt, Street corridor that development this past year In addition to the 4 lorurn Will in Jim? Being trained mg rink planned for the square meant to address a lack of ameni tould have affected a number of loblaws battle. other issue» the World‘s Most intelligent ( om but the footings are in plat e for ties on the city's west side. Will go areas of the city including neigh including tl{’\l‘ltlpnl(‘lll of three mutiny has opened doors for the when the city finds that money ahead as will a new fire hall in the bouts worried about increased new subdivisions on the west side ‘ city and its business community. llalloran compared that delay to City's east end traffic volumes and people in the ofthr- (1in were finally settled l and Hi turn welcomed the world to the sacrifices all families make " [his council realh has a strong east end who would have seen the But there were also develop 1 see what's pret lpllilfi‘tl \‘i'aterloo's when plannmgout their budgets ionirnitment to its taxpayers dol lehrs store at (tonestoga Mall merits like the one at the corner of l slit i‘t'ss "When people ask me about it I tars and we have to be \‘en' frugal closed i "(.loballi' we're looked tit for equate it to how you halant e your in him we spend it,” said llalloran lite land “I” now be used by Continued onpaged i 9 I ’ l F? ’l ' K 3 ‘ , in " ‘ > . 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