Ontario enlists former TD Bank CEO to help with Amazon headquarters bid

shockedcanadian

Diamond Member
Aug 6, 2012
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You guys ready to lose 50,000 high paying jobs, and have the privilege of sponsoring covert police in your HQ? This guy is going to show you how socialism and neo-communism works (noone loves this better than companies looking to exploit the system that lacks any innovation)..

If the government is willing to give GM $400M (Ontario and Feds) for 4000 jobs that are going to be cut in a couple of years anyways, you can be certain they are really going to dig deep to offer some "incentives" to build a $5B HQ in Ontario or B.C

Ontario enlists former TD Bank CEO Ed Clark to help with Amazon headquarters bid


Ontario Premier Kathleen Wynne says a former banking executive will help guide the province's bid to become the home of Amazon's new corporate headquarters.

The online retail giant announced earlier this week that it planned to establish a second North American office, and many cities have already expressed their interest in the project.

Wynne joined their ranks on Saturday, announcing she had named former TD Bank chief executive Ed Clark as the head of a group tasked with landing the project.


Clark, who retired from TD in 2014, now serves as the Wynne's business adviser.

Wynne says Clark will head a group of business leaders who will work to secure Amazon's interest in locating its headquarters in Ontario.


Toronto Mayor John Tory has already expressed keen interest in bidding to make Toronto Amazon's next home.

Amazon says that it will spend more than $5-billion (U.S.) to build another headquarters in North America to house as many as 50,000 employees. The technology company plans to stay in its current Seattle headquarters and the new space will be "a full equal" of its current home, said Amazon founder and CEO Jeff Bezos.

Cities have until Oct. 19 to apply through a special website, and Amazon said it will make a final decision next year.

While many cities will likely be clamouring to make their pitch to Amazon as well, candidates must meet specific requirements to be considered. Key criteria include: a prime location, access to mass transit and proximity to an international airport. Any potential site must have room to grow, as Amazon wants to expand its new headquarters to as much as eight million square feet in the next decade. That's about the same size as its current home in Seattle.

Other Canadian cities, such as Waterloo, Ont., or Vancouver, may also fit the bill.
 
Waterloo isn't really close to a large international airport. Toronto International Airport is more than a hour's drive away.

The Amazon headquarters will employ 50,000 workers. The entire population of Waterloo is less than 100,000 people. Staffing may be a problem.
 

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