Thomson Reuters says it will create 400 jobs in Canada over the next two years, including at a new technology centre in Toronto.
Initial hiring will start in the coming weeks, with a focus on the company's cognitive computing initiatives.
The global information and media company says its chief executive officer and other management roles will also be relocating to Toronto in 2017 as part of the initiative.
The company, which has about 52,000 employees around the world, currently has its principal executive office in New York City but retains a corporate headquarters in Toronto. It currently has about 1,200 positions in Canada.
"Canada is not only our home, it is home to an emerging ecosystem of world-class technology talent,'' Jim Smith, president and chief executive officer of Thomson Reuters, said in a statement.
The company says it's attracted to a pool of talent within an innovation clusters that includes Toronto and Waterloo Region, an area that includes headquarters for Canada's big banks and insurance companies, universities and fintech developers.
Prime minister Justin Trudeau tells Thomson-Reuters CEO at announcement: "you're going to love it here" pic.twitter.com/MWjc6f8iJx
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Premier Wynne talking about the jobs that Thomson-Reuters promises to create in Ontario pic.twitter.com/xjMCK1X6Wu
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Mayor John Tory now talking about the Waterloo-Toronto "corridor" at the Thomson-Reuters jobs announcement pic.twitter.com/M0j56ZJd2r
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