The company said in a statement the new hub will create up to 2,500 new remote and in-office jobs over the next five years. It also announced an additional $510,000 in unrestricted grants to 17 Canadian research labs, including three in Ontario: the University of Toronto, OCAD and the University of Waterloo. (The Logic)
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The company said in a statement the new hub will create up to 2,500 new remote and in-office jobs over the next five years. It also announced an additional $510,000 in unrestricted grants to 17 Canadian research labs, including three in Ontario: the University of Toronto, OCAD and the University of Waterloo. (The Logic)
Talking point: The technology giant noted that the Toronto hub will play an important role in the creation of Meta’s metaverse. “This is a tremendous show of confidence in our province and our workers, and we’re thrilled to welcome them to Toronto,” said Premier Doug Ford in a press conference. He added that because many of the jobs will be remote, opportunities in the rest of the province will also grow. As my colleague Martin reported last year, the company has worked to assert its influence in academia, media and government.
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