Thomson Reuters to build technology centre downtown

Thomson Reuters has announced in a release that it will open a technology centre in downtown Toronto expected to create 400 high-quality technology jobs in Canada over the next two years. The Toronto Technology Centre would grow that number to about 1,500 over an unspecified period..The company applauds government efforts to create jobs and says the Toronto-Waterloo Region Corridor is one of the largest technology clusters in the world. It says it offers a “rich mix of emerging and mature technology talent and a robust pipeline of development graduates from local universities”. Thomson Reuters says that proximity to large and strategic customers will also enable rapid, customer-driven innovation, particularly in Toronto’s fast growing fintech community.

BACKGROUND

From Wikipedia: Thomson Reuters Corporation is a major multinational mass media and information firm founded in Toronto, Ontario, Canada. Its operations are headquartered at 3 Times Square in Manhattan, New York City while its legal domicile offices are located at 333 Bay Street in Downtown Toronto. Thomson Reuters was created by the Thomson Corporation’s purchase of British-based Reuters Group on 17 April 2008,[7] and is majority owned by The Woodbridge Company, a holding company for the Thomson family Thomson Reuters was ranked as Canada’s “leading corporate brand” in the 2010 Interbrand Best Canadian Brands ranking. Thomson Reuters operates in more than 100 countries, and has more than 60,000 employees around the world. Release