Alberta’s government has issued pointed criticism of a tech company that picked Halifax over Calgary over concerns about provincial tax policy and Wexit.
On Monday, The Logicreported that Toronto-based storytelling platform Wattpad had chosen Nova Scotia over Alberta as the site of its second headquarters. In a written statement to Calgary Economic Development , the company cited its concerns over separatist sentiment in the province and cuts to tax credits for tech firms.
Asked for comment again Tuesday, Wattpad did not directly reply to the Alberta government’s criticism, nor did it answer questions about the concerns it shared with CED. Asked how the incentives offered by Halifax compared with those offered by Calgary, Hume said, “We do not have any comment on specific programs we hope to access in the future.”
Though Moran had cited a higher figure, Wattpad, which has over 80 million monthly users and was valued at about US$398 million in a January 2018 round, currently has fewer than 200 employees. It had sought proposals from cities interested in hosting its second headquarters. Hume told The Logic Tuesday the company was looking for a city that was a two- to three-hour flight from Toronto; Calgary is about a four-hour flight.
Here’s the problem...Wattpad is right.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Posthaste: Wattpad & WestJet's Wexit worries highlight the real-life economic consequences of separation chatterStuff you need to know In the space of one term in office Trudeau has inspired a rejuvenation of Quebec separatism and Wexit His father would be proud The majority of Canadians not so much WestJet with their foreign CEO should just shut it. Blaming the people because they feel alienated? How about you blame the reason for the alienation?
Source: nationalpost - 🏆 10. / 80 Read more »
Posthaste: Wattpad & WestJet's Wexit worries highlight the real-life economic consequences of separation chatterStuff you need to know In the space of one term in office Trudeau has inspired a rejuvenation of Quebec separatism and Wexit His father would be proud The majority of Canadians not so much WestJet with their foreign CEO should just shut it. Blaming the people because they feel alienated? How about you blame the reason for the alienation?
Source: nationalpost - 🏆 10. / 80 Read more »
Western Canada: Vancouver’s NPA in turmoil over concerns about right-wing shiftWestern Canada: Vancouver’s NPA in turmoil over concerns about right-wing shift GlobeBC GlobeBC The so called 'non partisan party' arguing over left vs right No different than the rest of the idots who think their ideology is the end all be all GlobeBC Right wing for him is anything right of stalinism
Source: globeandmail - 🏆 5. / 92 Read more »
Armed with new data, B.C. set for crackdown on tax evasion in Vancouver property marketIn 2020, an expert says we should expect to see policies put to use to flush out buyers that have been failing to declare global income My money's on a lot of Chinese buyers getting to slide under the radar on this one while Canadians get shafted. Our Governments have failed us. Tax the shit out of everyone. Almost 2000$ per month rent for a basement or a top floor of a house. But more, more tax. I noticed that some real estate agents would list the property on the market for a short period of time, then remove the listing and sold the house under the table then you can't find sold data. What's up with that? Getting commission privately to avoid tax?
Source: globeandmail - 🏆 5. / 92 Read more »