News   Apr 09, 2020
 3.2K     7 
News   Apr 09, 2020
 666     0 
News   Apr 09, 2020
 1.2K     3 

Amazon Second HQ

pman

Senior Member
Member Bio
Joined
Oct 20, 2009
Messages
1,600
Reaction score
1,117
Perhaps the border was an insurmountable problem with Toronto’s bid, but when we lose out to Nashville for the consolation prize, we should ask ourselves what went wrong.
 

WislaHD

Senior Member
Member Bio
Joined
Sep 21, 2013
Messages
8,122
Reaction score
5,392
Location
Midtown Toronto
Perhaps the border was an insurmountable problem with Toronto’s bid, but when we lose out to Nashville for the consolation prize, we should ask ourselves what went wrong.
Fair to ask, but nothing necessarily went wrong though.

Amazon hasn't announced that they are not expanding their presence in Toronto. Meanwhile, through this bid we have had an excellent opportunity to showcase the city to continental and international business.
 

pman

Senior Member
Member Bio
Joined
Oct 20, 2009
Messages
1,600
Reaction score
1,117
Fair to ask, but nothing necessarily went wrong though.

Amazon hasn't announced that they are not expanding their presence in Toronto. Meanwhile, through this bid we have had an excellent opportunity to showcase the city to continental and international business.
True. However it would be nice to know what we can do better to make Toronto attractive to footloose, high-value businesses. If the primary reasons we lost were either the border or our sensible refusal to shower AMZN with tax breaks and subsidies, then fair enough. But if there were other factors it would be good to try to learn what they were, to see if we can improve our future competitiveness.
 

Admiral Beez

Senior Member
Member Bio
Joined
Apr 28, 2007
Messages
8,107
Reaction score
2,136
Articles in the Washington Post are ridiculous. All about how HQ2 is going to negatively impact housing for those in the downtrodden areas of NY and DC.

https://www.washingtonpost.com/business/economy/northern-virginia-property-owners-are-delighted-amazon-hq2-will-be-moving-in-renters-first-time-buyers-and-low-income-residents-arent/2018/11/13/47307aba-e457-11e8-b759-3d88a5ce9e19_story.html

We complained about White Flight and its negative impact on the city cores, and now we complain about their grandkids coming back.
 

TrickyRicky

Senior Member
Member Bio
Joined
Apr 23, 2007
Messages
2,408
Reaction score
499
I think Amazon will eventually expand it's Toronto presence. As a retailer there is really only one market location you would want to be in Canada. The Vancouver headquarters location and expansion makes sense because of the cheap back-office proximity to Seattle but in terms of Canada in general it's pretty remote if that even matters anymore.
 

Northern Light

Senior Member
Member Bio
Joined
May 20, 2007
Messages
5,622
Reaction score
5,657
Location
Toronto/EY
I think Amazon will eventually expand it's Toronto presence. As a retailer there is really only one market location you would want to be in Canada. The Vancouver headquarters location and expansion makes sense because of the cheap back-office proximity to Seattle but in terms of Canada in general it's pretty remote if that even matters anymore.
As some posters here will be aware, I have had access to information suggesting a Toronto presence. I absolutely cannot guarantee that, as it isn't first hand; but the source was good. At the time they suggested this might not be HQ, but they were wondering. FWIW, my source says that deal is still to come. That may or may not prove to be true.

This is bloody infuriating! Really, its genuinely awful. From a pure capitalist perspective, its market-distorting government 'picking the winners'; from a more progressive slant
its corporate welfare at the expense of looking after those who really need it.

Somehow, governments around the world need to come to an agreement not to do these sorts of things (to be clear, in different ways, Ontario does the same (film tax credit).

I support investment in Culture, but not luring foreign productions to shoot here in exchange for a near tax-free ride.
 

AlvinofDiaspar

Moderator
Member Bio
Joined
Apr 22, 2007
Messages
27,287
Reaction score
15,123
Location
Toronto
As some posters here will be aware, I have had access to information suggesting a Toronto presence. I absolutely cannot guarantee that, as it isn't first hand; but the source was good. At the time they suggested this might not be HQ, but they were wondering. FWIW, my source says that deal is still to come. That may or may not prove to be true.
There are reports dropping hints of TO being in play for something - Amazon Studios, perhaps?

AoD
 

Top