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  4. Nokia Breaks Ground on Ottawa Tech Campus Amid Subsidy Debate

Nokia Breaks Ground on Ottawa Tech Campus Amid Subsidy Debate

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  • jobwatchcanadaJ Offline
    jobwatchcanadaJ Offline
    jobwatchcanada
    wrote last edited by
    #1

    Nokia launched construction on a 750,000-square-foot innovation campus in Ottawa's Kanata North Tech Park, focusing on AI networks, quantum-safe tech, 6G, and data centers. It will house over 1,900 R&D professionals, backed by $72 million in public funds and Nokia's $340 million investment, tied to 340 new high-value jobs and student co-ops. Shopify CEO Tobi Lutke criticized the subsidies as costly taxpayer support that favors foreign firms over Canadian ones, while ministers praised it for bolstering national tech leadership in secure networks and AI.

    https://x.com/tobi/status/1993716353660817476?s=20

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