The GTA is out of the running for Amazon’s second North American headquarters.
The retail giant announced that its coveted second headquarters, popularly dubbed HQ2, will be divided between New York City and Arlington, Va.
The announcement puts an end to Toronto’s hopes of hosting the massive expansion, which promised to bring 50,000 jobs to the region where the headquarters are built.
The joint bid from Toronto and surrounding municipalities was among dozens from Canadian cities eager to court Amazon, but the only one to make the company’s shortlist of 20 final contenders.
(Photo: The Wall Street Journal@WSJ)