The federal government is backing the global payment firm’s plans for a Vancouver-based research and innovation centre with a $49-million subsidy from its Strategic Innovation Fund (SIF). Innovation Minister Navdeep Bains told reporters in a conference call from Davos, Switzerland Thursday that the centre will create “good-quality jobs that will enable Canadians to be able to navigate more safely and securely”; it’s expected to create 270 jobs by 2029. (The Logic, The Globe and Mail)
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