Thirty percent of Kitchener's population was born outside Canada. Seven in ten new residents over the last five years came from another country. Last week, City Council approved the region's first Municipal Newcomer Strategy — and almost nobody covered it as the economic story it actually is. We break down what's really in it, why it matters for founders, employers, and anyone hiring in this region, and what it tells us about the kind of city Kitchener is choosing to become.

Plus: Bank of Canada decision is today, full breakdown tomorrow, and the Bauer Bakery on King Street is worth your Tuesday morning.