Entering text into the input field will update the search result below

Alphabet wants cut of Toronto smart city

Feb. 15, 2019 10:07 AM ETAlphabet Inc. (GOOG) Stock, GOOGL StockGOOG, GOOGLBy: Brandy Betz, SA News Editor11 Comments
  • Alphabet's (GOOG -0.7%)(GOOGL -0.8%) Sidewalk Labs reportedly wants tax cuts in Toronto to build a smart city along the eastern waterfront.
  • Alphabet wants a cut of the property taxes, development fees, and increased land value for its work in the city.
  • The money would amount to about $6B over 30 years and would ordinarily go to the city.
  • Sidewalk Labs has experienced local pushback from local officials concerned about the company's data collection.

Recommended For You

Related Stocks

SymbolLast Price% Chg
GOOG
--
GOOGL
--