its extremly hard to get in....i asked the program director in 2004....he told me he received more than 3000 applicants for 50 spots that year...
I guess Waterloo had done some serious marketing about the program thats why it's so well-known...
I know several ppl from that program. Some do pretty well, some are just ok.
The best one got a 100K job in Toronto immediately after the program..Some got around 60-70k....
This program competes with the MMF in UT...and CMU....be warned that the demand for this kind of graduate drops a lot in the recent 2 or 3 years in Toronto.