IG news Update,Prime Minister Justin Trudeau and Ontario Premier Doug Ford listen to Nokia President and CEO Pekka Lundmark after an announcement in Ottawa on Monday. (Adrian Wilde/The Canadian Press)Nokia Canada and the federal, provincial and city governments have announced plans to convert the company’s Canadian headquarters in western Ottawa into a research and development center. “Today’s announcement reaffirms Nokia’s commitment to the Canadian market, where we have invested $1.4 billion in R&D over the past five years,” Jeffrey Maddox, president of Nokia Canada, said in a statement. Experts say it is a much-needed investment to help Canada compete globally. source linkThe post Nokia spending $340 million to upgrade Canadian headquarters in Ottawa – CBC.ca first appeared on Canada News Media.

Source: CBC News October 18, 2022 15:48 UTC