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So Amazon is tripling it's downtown Vancouver office space to 1.1M resulting in thousands of tech jobs and those people like tech workers in Toronto and elsewhere like to live in the core and shun commuting especially by car ...
https://toronto.ctvnews.ca/mobile/amazon-says-it-plans-to-create-600-new-tech-jobs-in-toronto-1.4222525 Oh no, another negative to Toronto's Real Estate!!
While I think this would have been amazing for the city and would have added a lot more pressure to the real estate market, it sounds like Toronto is no longer on the list for HQ2:https://www.nytimes.com/2018/11/05/nyregion/amazon-hq2-long-island-city.html
Oops, sorry RE bulls but you're not getting your wish....keep praying for that FBT removal too.... https://twitter.com/CNBCnow/status/1058724684785684480?s=19
... at the southwest corner of West Georgia and Homer Street, just across from Vancouver Public Library’s Central Branch and the future offices of Amazon at the Canada Post redevelopment. Local developer Westbank is behind the project, which is slated to reach completion in 2020.
https://business.financialpost.com/news/amazon-to-open-caledon-fulfillment-centre-creating-800-full-time-jobs?video_autoplay=true TORONTO — Amazon will open a new fulfillment centre in Caledon, Ont. to pick, pack and ship books, electronics and ...
... mental president who holds a grudge against the company. Lower salaries for 50,000 employees. With Google moving their Canadian HQ to Toronto, if Amazon came as well what would this mean for RE prices in DT if anything? https://www.cnbc.com/2018/01/18/amazon-narrows-list-of-candidates-for-new-headquarters-hq2-to-20.html