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Posted by Stephen Lund |
March 31 2021
Why the HCL Announcement is Such a Big Deal
HCL recently announced the creation of 2,000 new technology jobs across Canada, of which 1,000 will be located in Ontario, and up to 500 at its new centre in Mississauga.
We were pleased to be joined by Premier Doug Ford, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, Mary Ng, Minister of International Trade, and Deirdre Kent, Acting High Commissioner of Canada to India.
HCL is an international IT company with over 160,000 employees across 50 countries.
This announcement is a shot in the arm and an expression of confidence in the talent that our region and country can offer.
Talent is what it is all about, and that’s where we lead.
This past year has been difficult on many individuals, companies and economies.
As we emerge from this pandemic, it will be critical to get our economy back on track.
One way to do this is to attract new investment. Companies like HCL, Reddit and Pinterest provide much-needed jobs for our young grads and our IT workers impacted by this pandemic.
Not only will they provide critical tax revenues for our cities and municipalities, they will generate significant spin-off opportunities for our small businesses.
Small businesses like restaurants, flower shops, delivery companies, and hair stylists – the lifeblood of our local communities.
We have an opportunity to position the Toronto Region and our country as leaders on the international stage. The competition for new investment will be fierce as jurisdictions recognize how new investments can kickstart economies.
Our goal at Toronto Global is to work with our many partners in the region to emerge from this pandemic as a global hotspot for investment. A no-brainer for businesses.
We don’t want to simply build back. We want to be stronger than ever.
To learn more about this investment, Toronto Global CEO Stephen Lund is joined by Bonnie Crombie, Mayor of Mississauga, and Joelien Joe, HCL Canada Country Head,
in this fireside chat
, discussing HCL’s expansion decision and why the Toronto Region is the number one location in North America for investment.
About the Author
Chief Executive Officer
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