Amazon Plans to Build the Second HQ in Canada
On Thursday Amazon announced that they are building a huge secondary headquarters. This means a $5 billion investment as well as around 50,000 new jobs so as you can imagine many cities are vying for the privilege of housing the new Amazon HQ. Amazon currently has a list of 20 possible cities including Chicago, New York, Los Angeles, Washington DC, Boston, and Miami. There is, however, a non-US city that is in the running to be the new Amazon hub; Canada’s Toronto. Toronto has many factors that make it an excellent choice for Amazon. It has a 7.8 million population and the infrastructure needed to support a massive business such as Amazon including great transport links and housing and schools. Toronto also ranks higher for the quality of living than all the American cities according to a study by Mercer. This study looked at factors including local education, crime rate and the number of medical facilities in a given city. Toronto ranked a 28th spot higher than New York and 19 higher than Boston putting it on the front line for the big move.
Toronto’s location is another positive factor as it is a flight hub for many American cities as well as international destinations, and it also has enough land to suit Amazon’s needs, which appear to be for around 100 acres on prime waterfront location.
Toronto Maybe the Preferred Location for Amazon
Given the United States governments preoccupation with immigration, which has stifled tech companies being able to hire highly skilled foreign workers, Canada’s immigration-friendly policies give it a marked advantage. Amazon already has business in Canada, along with many other tech companies including Uber and Google. Toronto also has a highly skilled workforce with the globally ranked University of Toronto as well as 17 research facilities around Toronto. It attracts educated foreign nationals with work experience within the tech sector, ideal for Amazon. Toronto is one of the world’s most diverse cities with Prime Minister Trudeau’s open immigration policies already luring bright tech workers to Canada. The owner of Amazon, Jeff Bezos has already criticised the Trump administration’s attitude towards immigration, so this makes Canada a popular choice for him. Toronto already has a thriving tech sector, which is being fully supported by Canada’s federal government and the city is home to the largest innovation hub in the world. It remains to be seen if Amazon will indeed head north, but if it does, this means more jobs for skilled foreign tech workers in Canada.