TELUS Invests In Ontario
Premier Visits New Green Office Tower In Downtown Toronto
TELUS is opening a new $250-million office tower in downtown Toronto that will bring new investment and high-value jobs to Ontario.
The company has said that Ontario's tax changes -- including business tax cuts and the move to a harmonized sales tax -- will lead to significant savings for the company. This could allow for greater investments in research and development in Ontario and more skills training for workers.
Leading the redevelopment of the railway lands in the heart of the city, the 30-storey TELUS House Toronto is built to LEED Gold certification, an international standard for sustainable buildings. The office tower uses recycled heat and rainwater and will use 25 to 30 per cent less energy than a similar-sized building.
- TELUS employs more than 6,500 highly skilled workers in Ontario.
- Tax changes, including business tax cuts and the move to a harmonized sales tax, are cutting the marginal effective tax rate on new business investment in Ontario in half, making businesses more competitive.
“Ontario has the people, talent and commitment to be a global leader. We'll continue to work with business leaders to attract investment and ensure Ontario remains one of the most competitive jurisdictions in the world.”
“Since 2000, TELUS has invested $18.6 billion to bring advanced technologies and services to our customers in Ontario. Our exciting new building at 25 York Street, TELUS House Toronto, sets a new standard for environmental responsibility through energy efficient buildings and represents TELUS' long term commitment to our customers, our team, the city and the province.”