Toronto Mayor Makes His Pitch to Amazon

The video discusses Toronto's appeal as a business hub, highlighting its large talent pool, cost advantages, and livability. It targets VCs and companies, emphasizing the city's tech ecosystem growth and Amazon bid. The discussion includes transportation competition with Lyft and Uber, economic factors like costs and taxes, and potential NAFTA changes impacting Toronto.

What makes Toronto an attractive location for tech companies?

• Large population and tech talent pool

• High real estate costs

• High corporate taxes

• Strict immigration policies

Why is Toronto considered a global capital for AI and machine learning?

• Owing to its strict regulations

• Due to its high cost of living

• Because of its small population

• Because of its deep talent pool

What was a key feature of Toronto's bid for Amazon's headquarters?

• Promising tax-free operations

• Highlighting the region's healthcare system

• Offering a large financial incentive

• Providing free office space

How does Toronto plan to accommodate Lyft's expansion?

• By increasing taxi fares

• By offering subsidies to Lyft

• By deregulating the taxi industry

• By banning Uber

What is one way Toronto offsets rising costs like electricity and wages?

• Eliminating public transportation

• Reducing small business tax rates

• Raising property taxes

• Increasing corporate tax rates

What is a benefit of Toronto's open immigration policy for tech companies?

• High costs for hiring foreign talent

• Quick visa issuance for skilled workers

• Limited access to international talent

• Long visa processing times

What is a potential consequence of changes to NAFTA for Toronto?

• Increased isolation from the U.S. market

• Strengthened trade ties with Mexico

• Higher tariffs on Canadian goods

• Reduced economic interdependence with the U.S.