News   Feb 28, 2020
 833     0 
News   Feb 28, 2020
 1.3K     1 
News   Feb 28, 2020
 579     0 

Amazon Second HQ

WislaHD

Senior Member
Member Bio
Joined
Sep 21, 2013
Messages
7,973
Reaction score
5,172
Location
Midtown Toronto
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.
 

mjl08

Senior Member
Member Bio
Joined
Apr 12, 2008
Messages
3,021
Reaction score
1,052
Location
Toronto
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.
 

jje1000

Senior Member
Member Bio
Joined
May 19, 2007
Messages
4,462
Reaction score
1,863
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%.
 

jje1000

Senior Member
Member Bio
Joined
May 19, 2007
Messages
4,462
Reaction score
1,863
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:

Northern Light

Senior Member
Member Bio
Joined
May 20, 2007
Messages
5,292
Reaction score
5,244
Location
Toronto/EY
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.
 

jje1000

Senior Member
Member Bio
Joined
May 19, 2007
Messages
4,462
Reaction score
1,863
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.
 

jje1000

Senior Member
Member Bio
Joined
May 19, 2007
Messages
4,462
Reaction score
1,863
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.
 

Johnny Au

Senior Member
Member Bio
Joined
Apr 4, 2010
Messages
5,685
Reaction score
1,072
Location
Near the North York, York, & Old Toronto tripoint

Top