Nokia to build 26-acre facility in Ottawa with residential units and millions in funding from federal government, province, city

المملكة العربية السعودية أخبار أخبار

Nokia to build 26-acre facility in Ottawa with residential units and millions in funding from federal government, province, city
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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The technology hub, to be located in suburban Kanata about 20 kilometres outside the National Capital Region, will begin construction next year and is expected to open in 2026

According to two different news releases from the federal government, both the 2019 and 2022 funding have been aimed at expanding 5G research and development in Canada. Nokia officials would not say what exactly is different for the two rounds of funding, though clarified that the 2022 government funding will not go toward building the residential or commercial spaces in its new facility.

The two rounds of funding “should not be surprising, because they are the largest employer in the cluster,” Mr. Champagne said, referring to the Ottawa-Kanata tech region. “This is really positioning us for the next 10 to 20 years. It is about looking at 5G and also opening the door to 6G,” he said. The City of Ottawa, through Hydro Ottawa Holding Inc., is providing $2-million in capital contributions, which Nokia said will be used to ensure the city’s electrical and energy system can handle the demands of the project.

The project will create at least 340 new jobs in Ottawa, Mr. Maddox said. That brings the company’s total staff in the city to about 2,160 people and a cumulative 2,500 people in the province, he said, adding that most of Nokia’s team in Canada is employed in Ontario.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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