In 2017, senior executives at Amazon set a goal of securing incentives for real estate projects in addition to any money it got from government money for building its second headquarters. (The Wall Street Journal)
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In 2017, senior executives at Amazon set a goal of securing incentives for real estate projects in addition to any money it got from government money for building its second headquarters. (The Wall Street Journal)
Talking point: Eleven Canadian cities submitted bids to host HQ2. None won, but Amazon has since increased its presence in many. It’s announced new distribution warehouses in cities including Montreal, Toronto, Ottawa and Edmonton; it’s also hiring 3,000 people in Vancouver. Amazon is interested in getting money from governments across Canada—at least when it comes to procurement dollars. As The Logic reported in August 2018, the firm started lobbying for billions in cloud services contracts after it shortlisted Toronto for its HQ2. Whether it received any real estate incentives, in Canada or elsewhere, is less clear. One source told The Wall Street Journal that the US$1-billion goal set for 2017 was abandoned for 2018 after the firm failed to meet it.
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