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Microsoft opens new Toronto headquarters, doubles down on its investment in Canada

Microsoft opens new Toronto headquarters, doubles down on its investment in Canada

Microsoft opens new Toronto headquarters, doubles down on its investment in Canada

Microsoft has officially opened its new headquarters in Canada, located in the heart of Toronto, Ontario.

Microsoft’s new headquarters is a 132,000-square-foot state-of-the-art office. It’s located at 81 Bay Street within the CIBC Square office complex. Toronto Mayor John Tory joins the company in celebrating the opening. Microsoft incorporates designs to “engage with the community and support Microsoft’s inclusive hybrid culture.” It has a Team Based Space that pairs innovative technology with collaborative workplaces, empowering employees.

“With the launch of our new headquarters, official opening of our Data Innovation Centre of Excellence and expansion of our regional presence, even more organizations of all sizes and sectors can leverage the power of cloud and data to accelerate their organization’s growth and drive new economic opportunity for Canada,” said Kevin Peesker, the president of Microsoft Canada, in a statement.

The Microsoft headquarters hosts an Envisioning Centre and the first-of-its-kind Data Innovation Centre of Excellence (DICE). The company explains that it enables company experts to co-innovate with clients and partners on “cutting edge data, AI and mixed reality technology solutions.” The new headquarters plays a substantial role in assisting local startups, students, and community organizations within the GTA and across Canada.

The opening of the new headquarters coincides with the release of EY’s research on Microsoft’s impact on the Canadian economy. The research states that Microsoft and its ecosystem contribute more than $37 billion to Canada’s GPD. Microsoft’s ecosystem includes more than 15,000 partners and nearly 300,000 Canadian jobs. Microsoft also supports 30 projects, valued at $190 million.

Microsoft’s impact on Canadian innovation and industry growth has been persistent. Over the past three years, Microsoft has doubled its Canadian workforce and employs 5,000 full-time staff members across the country.

In 2021, Microsoft donated more than $125 million in cash, software, and technology services to non-profits.

Image credit: Microsoft

Source: Microsoft Canada

Source: MobileSyrup

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