Kenneth Chan writes in Dailyhive.com: The Vancouver Economic Commission (VEC) has delivered its proposal to Seattle, so our hat is firmly in the ring. The decision is due in 2018.
The VEC does not plan to release its Metro proposal for public viewing, unlike several other proponents. But their recent press release (according to Mr. Chan), has some useful info.
No new giveaways for Metro Vancouver:
Unlike other proponents (hello, New Jersey), the Metro bid doesn’t offer new money-related inducements, like land, cash or tax breaks, preferring the focus to be elsewhere. Smart thinking, it seems to me.
“Rather than engaging in a ‘race to the bottom’ with cash incentives, the Project Execution Team presented a cohesive, comprehensive and compelling narrative that focuses on the built-in incentives of operating in and around the Vancouver region,” reads the release.
“This value proposition includes a highly competitive business environment featuring significant cost savings related to office real estate, health care, tax rates and labour.”
The bid is regional:
Suitable sites for such a development in Burnaby, New Westminster, Richmond, and Surrey – in addition to the primary Vancouver options – were included in the bid.
…. Other stakeholders in the bid include the City of Richmond, City of New Westminster, District of North Vancouver, City of Port Moody, BCIT, SFU, UBC, UVIC, Research Universities Council of BC, TransLink, BC HYDRO, BC Tech Association, Air Canada, Vancouver International Airport, Harbour Air, TELUS, and Shaw Communications.
The focus is on people:
Likely this is a major focus behind Amazon’s proposal in the first place — put HQ2 where the people are. After all, an HQ is people, and good ones are hard to find. Whether the quantity of suitable senior managers and hi-tech people will be available for both Amazon and Metro’s growing tech sector is quite another question, as highlighted by the BCTech Association in THIS 2016 report.
The bid emphasizes that Metro Vancouver’s post-secondary institutions are “world class in their capacity to deliver graduates required by our technology sector.”
…. “Vancouver’s robust talent pool is further bolstered by the highest rate of Provincial in-migration of any province in Canada. We further benefit from a progressive federal immigration framework, which includes the Global Skills Strategy, to assist top talent in making their move here,” the release adds.