Amazon HQ2 betting

Toronto considered least likely of finalists to get Amazon headquarters

I hate to say I told you so, but - just kidding! - no I don't.

Toronto may have cracked the top 20 on Amazon's list of potential cities for HQ2, the e-commerce giant's soon-to-be-built second headquarters, but the chances of us actually winning are still pretty slim.

Analysts and sports-betting sites have long favoured Atlanta as most likely to be chosen, followed by Austin and Boston (with some variation.) Nashville and Washington are also proving popular across the board.

Toronto, on the other hand, is tied for last place with Miami on at least one betting site in the race for Amazon's new $5 billion headquarters (and the estimated 50,000 high-paying jobs that are expected to come with it.)

Bovada puts the odds of Toronto winning at +2500, writing that "the current chill in relations between Canada and the United States, stemming from stalled trade talks and the uncertain future of the North American Free Trade Agreement (NAFTA) could ultimately eliminate Toronto from the competition."

Toronto does, however, bring a lot to the table for a thriving tech company; just ask Google's Sidewalk Labs. To be chosen as one of the top 20 cities out of 238 across the continent is an honour in and of itself.

Unfortunately, as the only Canadian city on Amazon's list of finalists, tech talent and rapid growth might not be enough to offset the political firestorm to our south.

The Irish betting site PaddyPower puts the odds of Toronto winning at just 16/1, with Atlanta and Austin tied for first place.

You can hold out hope for HQ2 in Toronto, if you want to, but you may want to consider holding your bets as well.

Lead photo by

Amazon


Latest Videos



Join the conversation Load comments

Latest in Tech

A huge Canadian tech company just cut thousands of jobs in Toronto

Rogers says it will be investing $10 billion to prevent future outages

Another Rogers outage caused issues for some customers this weekend

McDonald's Canada is facing backlash for app draining massive amounts of data

People in Toronto can get cash from class-action lawsuit against major manufacturers

Toronto just jumped to the third-best spot for tech workers in all of North America

Yet another tech company just opened a huge office in Toronto and it's hiring for tons of roles

Internet providers in Toronto beyond Rogers and Bell