At a recent SXSW, festival dedicated to helping creative people achieve their goals, Toronto Mayor, John Tory, was asked why Toronto was better for startups than San Francisco. According to Tory, smart people is what makes Toronto great. Toronto also has some great educational system here. He also mentioned that the number of international students … Continue reading Why Open Your Startup in Toronto vs Bay Area? Smart People, According to Toronto Mayor Tory
We are delighted to say that we have teamed up with founders of Confoo conference to do a raffle for readers of Planetweb for one free ticket to their upcoming conference. Their ticket is valued at over $1k, so we are very grateful at them giving us this opportunity. Scroll to the bottom of this … Continue reading Montreal Confoo Development Conference Is About to Start; Enter to Win a Ticket
Blackberry teamed up with federal government and will be investing $350m to build self-driving cars in Ottawa. Federal government will pitch in $40m while Blackberry itself will be investing $310m. The jobs will be added over the next 10 years. In January, Ontario government has announced greater leway for self driving cars to operate in … Continue reading Blackberry to add 800 jobs in Ottawa, build self driving cars
Quebec’s government has decided to start collecting taxes on digital sales, such as Netflix subscription, this year even though company that sells the services or goods does not have physical presence in Canada or Quebec. Update: Saskatchewan has also recently followed Quebec by collecting taxes on “transmission, broadcast or distribution of data, programming or entertainment” … Continue reading Quebec’s Fight Taxing Out of Province Digital Sales
As you probably have already heard NYC lost its Amazon HQ2 due to much publicized debate in New York City about why a city should subsidize a company with billions of dollars in profits when they can put money to better use to address issues such as shortage of housing and poverty. Amazon decided to … Continue reading After NYC Loses Amazon’s HQ2 – Toronto Tries Again
Netflix just announced that it will be launching film and production hub at Toronto’s waterfront studio district. They will have 84,580 square feet of space, that they are currently leasing, and will start filming within the next few weeks. In 4-5 months Netflix is expected to move to even bigger venue with 164,000 square there. … Continue reading Netflix to add Production Hub in Toronto, To Create 1850 Jobs
National Post, a Canadian newspaper, as well as La Press, Montreal based French newspaper, recently published an op-ed piece about why they think Ubisoft is taking away talent from other tech firms across Canada. Here is a short summary. Ubisoft has generated over $2.6 billion dollars in revenues last year, and is currently employing over … Continue reading Is Ubisoft Hurting Canadian Tech Businesses?