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Nokia to invest $248 million to expand its headquarters in Ottawa

October 18, 2022

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Nokia Canada announced plans to transform its facility in the city of Ottawa into a sustainable research and development (R&D) hub with funding from the federal, provincial and city governments.

Nokia said it’s contributing CAD340 million ($248 million) toward the project, while the three levels of government are contributing CAD72 million in funding: CAD40 million from the federal government, CAD30 million provincially and CAD2 million from the city of Otawa.

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