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Nokia announces $340M expansion to its Ottawa facility

Nokia announces $340M expansion to its Ottawa facility

BNN Bloomberg
Tuesday, October 18, 2022 03:04:32 PM UTC

Nokia has announced a $340-million expansion to its Ottawa facility.

In a news release issued on Monday, the Prime Minister’s Office says Nokia will also improve its laboratories "with the goal to further advance wireless technology research and development in Canada."

The project is expected to create more than 340 jobs in Ontario, the release states. Nokia Canada said that with the added positions, it would have around 2,160 employees in Ottawa. 

“The project we’re announcing will help connect Canadians to the jobs of today and tomorrow. It will bring economic benefits to the National Capital Region and stimulate Canada’s tech ecosystem. This is about building a strong economy and a better future for everyone,” Prime Minister Justin Trudeau said in the release. 

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