News   GLOBAL  |  Apr 02, 2020
 9.7K     0 
News   GLOBAL  |  Apr 01, 2020
 41K     0 
News   GLOBAL  |  Apr 01, 2020
 5.5K     0 

It is funny that Google's Sidewalk Labs always makes an announcement in Toronto following an apparent setback on Amazon's HQ2 search.

So, Google is looking to create a 1.5-2.0 million sqft "Canadian HQ" on Villiers Island in the Portlands, on land that they don't own.
 
It is funny that Google's Sidewalk Labs always makes an announcement in Toronto following an apparent setback on Amazon's HQ2 search.

So, Google is looking to create a 1.5-2.0 million sqft "Canadian HQ" on Villiers Island in the Portlands, on land that they don't own.

Terrible timing for Google. The ability for activists to kick out a tech behemoth in NYC will embolden anti-Sidewalk Lab activists and politicians in TO.
 
Two interesting nuggets:

Some jobs planned for NYC's Amazon HQ2 will go to Vancouver: report

Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits
Those wondering how many zeros Amazon, which is valued at nearly $800 billion, has to pay in federal taxes might be surprised to learn that its check to the IRS will read exactly $0.00.
This tax-free break comes even though Amazon almost doubled its U.S. profits from $5.6 billion to $11.2 billion between 2017 and 2018.

To top it off, Amazon actually reported a $129 million 2018 federal income tax rebate—making its tax rate -1%.
 
An interesting rumor:

LeftCoaster said:
Word is roughly 3,000-4,000 of the HQ2 jobs will be Vancouver bound now. Couldn't have worked out better for the city with a ton of the jobs now ending up there but didn't have to drop their drawers on the tax rebates like some jurisdictions.
Prometheus said:
So, 8,000-9,000 in eventual total now?
LeftCoaster said:
Yes around that.

It's pretty well in flux at all times so that number could easily go up or down at this point.

As of now, Amazon employs around 2,000 in Vancouver.
 
Last edited:
News from Vancouver....

Amazon is leasing 1.1M sq feet of office space in 2 brand new towers.

That's the entirety of those 2 buildings.

Expected Amazon employment will exceed 10,000.

https://www.theglobeandmail.com/busi...ion-tech-jobs/

It would appear they are in the market for even more space beyond this...(in Vancouver)

I don't know that is any HQ, but its sure as hell large commitment and number of jobs.
 
I wonder what sort of employment and decision-making is happening in the Vancouver office- I wonder if it's more of a quasi-extension of the Seattle HQ (being so close by), rather than a stand-alone HQ like the one going near Washington DC.
 
Allows them to hire employees close to their HQ while still being able to take advantage of Canadian immigration laws?

Probably so, with a transfer to the American side if they prove valuable enough in the corporate order?

Probably all decision-making is still going to be happening at the Seattle office, while the Vancouver office becomes a farm team.
 
Amazon leasing offices in new Vancouver tower alongside Apple

By Natalie Wong Bloomberg
Mon., March 2, 2020

Amazon.com Inc. signed a lease for short-term space in one of Vancouver’s most anticipated office towers.

The e-commerce giant is renting about 119,000 square feet at 400 West Georgia. The deal gives Amazon room to grow and continue to hire in the city while its permanent offices at a former Canada Post mailing centre across the street are being developed, a spokesperson for the company said.

Deloitte LLP and Apple Inc. also have committed to leases at 400 West Georgia, a 24-story project scheduled to be completed later this year by owners Westbank Corp. and Allied Properties REIT. Amazon is leasing its space from co-working firm IWG Plc.

In addition to the post office that’s being converted, Amazon has signed long-term leases at towers within walking distance: It plans to move into about 150,000 square feet of space at Oxford Properties Group Inc.’s 402 Dunsmuir St. later this year, and already occupies 156,000 square feet in the nearby Telus Garden building.

The deals amount to a mini-campus for Seattle-based Amazon, which announced plans to increase its corporate workforce in Vancouver fivefold — to 5,000 — by 2022. The company largely employs researchers and engineers in the city, who work for its international retail business and Amazon Web Services.

 
Yeah we got it on Tsawwassen (On First Nation Land).Amazon and lots of other Vancouver based tech corporations get away with taxes. However, they do a lot of good too. If you are taking advantage of a legal loop hole, it's not your fault. It's the government's.
 

Back
Top