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Stock impact report

Salesforce investing $2 bln in Canada, in northward U.S. tech growth [Reuters]

Salesforce, Inc. (CRM) 
Last salesforce, inc. earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Reuters
Salesforce investing $2 billion in Canada, in northward U.S. tech growth | Reuters 2 Min Read SAN FRANCISCO (Reuters) - U.S. business software developer Salesforce.com Inc ( CRM.N ) will pump $2 billion into its Canadian business over the next five years, it said on Thursday, the latest major U.S. high technology investment across the border since early 2017. Toronto is a hub for artificial intelligence research and Canadian Prime Minister Justin Trudeau is visiting California this week in part to speak with U.S. technology CEOs. Canadian leaders have promoted their country’s immigration policies as an alternative to the Trump Administration’s ban on travelers from some Muslim countries and restrictions on work permits for some foreigners. A Canadian program allows businesses to get work permits for foreign workers in about two weeks. Salesforce said it would increase its Canadian office space, data center capacity and 1,000-strong workforce, without giving details. Several other U. Show less Read more
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