NEWS
 
Province pumps millions into tech company
This comes as Tories continue calls to end corporate welfare
5 0

The province is pumping up to $120 million dollars into Ontario tech firm OpenText, with hopes it will create up to 1,200 jobs through expansion.

That would double its workforce to 2,400.

Premier Kathleen Wynne was in Kitchener-Waterloo to make the announcement. The new jobs are not only expected to pop up there, but also in Toronto, Richmond Hill, Peterborough, Kingston and Ottawa.

The software company will invest $2 billion of its own money over the next seven years into expansion in the province.

This announcement comes as Progressive Conservative leader Tim Hudak continued calls to end corporate welfare.

Categories:

DON'T MISS

TED RADIO HOUR

Welcome to TED Radio Hour hosted by Guy Raz, Saturdays at 6pm and Sundays at 7pm

 
5 0

The province is pumping up to $120 million dollars into Ontario tech firm OpenText, with hopes it will create up to 1,200 jobs through expansion.

That would double its workforce to 2,400.

Premier Kathleen Wynne was in Kitchener-Waterloo to make the announcement. The new jobs are not only expected to pop up there, but also in Toronto, Richmond Hill, Peterborough, Kingston and Ottawa.

The software company will invest $2 billion of its own money over the next seven years into expansion in the province.

This announcement comes as Progressive Conservative leader Tim Hudak continued calls to end corporate welfare.

Top stories

The zoo is investigating.