- Thomson Reuters (NYSE:TRI -1%) is bulding a new technology center in downtown Toronto with an eye toward creating 1,500 jobs, and the company's firming up its footprint there with the relocation of its CEO and CFO to the Ontario capital.
- The new facility will create about 400 tech jobs over the next two years.
- CEO Jim Smith and CFO Stephane Bello will relocate to Toronto next year, and the company says "additional management roles will be relocated and recruited locally in Toronto over the next few years."
- Thomson Reuters has about 1,200 employees currently in Canada.