As I'm sure you are aware, the head office of a company is not necessarily where the bulk of its workforce is. See, for example, the banks, Boeing, the mines, etc. Capital knows no borders - why should Lord Thomson be constricted by some provincial's fantasy?
The thread is about implications for Toronto as a result of the Reuters merger. The implications are negligible because the company is run from the USA. Toronto will not benefit, Stamford, Connecticut will. How can you not acknowledge that?
By your logic, it doesn't matter if Royal Bank moves it's head office to Connecticut because, as you put it, the head office is not necessarily where the bulk of its workforce is". Head office jobs do matter a great deal. Without them, cities lose prestige, wealth, clout, and good jobs. Without them, we'd have to send our kids to places like Stamford for a good job. Your response to the post was to comment that the Thomson building is still here. What good is a building when the jobs aren't contained within it? Hell, why not move all the big bank head office jobs to Stamford, it won't matter because those bank towers in Toronto's CBC will still say RBC or Scotiabank on the side of them. Are you 12?
No one is arguing that Mr. Thomson can't put employees where he wants, but you go try and convince the thousands of white collar workers in Toronto if they would rather have 3000 high paid Thomson employees in Toronto or Stamford. Go try convince any Torontonian with a properly functioning brain.
I suppose jobs for Torontonians don't matter to you. Good thing you aren't running things, this place would be filled with McJobs only. Please try and convince anyone that Toronto will benefit from this merger because of your fantastic argument: oh look, we have a building that says Thomson on it.
