Tobias Lutke, the CEO of Canadian tech giant Shopify, says the federal government should stop bribing foreign companies with taxpayer money to create jobs in Canada.
He was responding to Industry Minister Mélanie Joly’s X post celebrating foreign tech giant Nokia’s heavily government-funded Ottawa campus, which is now under construction.
What you are actually doing here is to bribe nokia to put these jobs into Canada by paying hundreds of thousands of dollars per job from taxpayer money. What this does is to lower the cost basis of nokia per employee. This has been going on for decades, called FDI which all civil… https://t.co/F2LUoDGCHA
— tobi lutke (@tobi) November 26, 2025
