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NYC Council speaker Corey Johnson lays out Amazon HQ2 strategy

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Corey JohnsonCorey Johnson is the speaker of the New York City Council.Getty/Drew Angerer

  • Amazon has chosen a site in Long Island City, Queens, for half of its HQ2 project.
  • The decision, announced in November, immediately became controversial among some New York politicians. In December, the New York City Council held a contentious hearing with Amazon, where members asked, among other things, why it was left out of discussions. 
  • In an interview with Business Insider, the council’s speaker, Corey Johnson, laid out his plan to stop Amazon from coming to town — or to at least work with the company to be a “better corporate citizen.”

It’s likely that Amazon didn’t get the response it expected in New York City.

After Amazon announced that part of its HQ2 project would land on a parcel of waterfront property in Long Island City, Queens, politicians were quick to condemn both the process for the agreement, which netted over $3 billion in potential tax breaks, and its potential implications.

Amazon received criticism from elected officials in the immediate aftermath of the decision’s announcement, including from Rep. Alexandria Ocasio-Cortez, state Sen. Michael Gianaris, and New York City Council member Jimmy Van Bramer.

“We got played,” the council’s speaker, Corey Johnson, said during a contentious council hearing in December, where Amazon was forced to defend itself against questions from members for hours. Topics ranged from the HQ2 deal’s secrecy to Amazon’s involvement with ICE photo recognition software.

Holly Sullivan, the Amazon executive who led the search for HQ2, and Brian Huseman, Amazon’s vice president of public policy, were in attendance and responding to questions.

Read more: ‘I was not elected to be a cheerleader for Amazon’: New York officials rail against Amazon’s HQ2 deal amid shouts of protesters in a wild hearing

“I think [the Amazon executives] were surprised. I think they thought they were going to be welcomed with open arms,” Johnson said in a late December interview with Business Insider. “I think they thought, ‘Oh my God, when this is announced it’s going to be, you know, like a birthday party.'”

Instead, they were largely met with skepticism.

“25,000 jobs doesn’t impact our local economy here in the same way it impacts a local economy, say, in Pittsburgh or in Scranton or in Crystal City,” Johnson said.

It’s not over until it’s over

Long Island CityLong Island City, Queens.AP/Mark Lennihan

Johnson has a warning for Amazon and its elected-official allies: this fight isn’t over yet.

“I don’t think anyone should assume that this is a fait accompli, and that this is a done deal,” Johnson said. “This is the beginning of a process where the public and the City Council and other elected officials are going to continue to seek answers and understand whether or not this is a good deal for New York City, or if we got played.”

Several more hearings are scheduled: one each in the months of January, February, and March. The final one will be a public hearing.

“I assume hundreds, or maybe even thousands of people will come out wanting to have their voice heard, since the public was cut out of this,” Johnson said.

The hearings are in advance of a vote by the New York State Public Authorities Control Board, which has final say over the “approval of the financing and construction of any project proposed by state public benefit corporations,” according to state law. 

The board is composed of five members, with representatives from the governor and legislative majorities of both the state assembly and the state senate. Representatives selected by the speaker of the assembly, the senate majority leader, and the governor all have veto power on the board.

There is precedent for the board rejecting plans, cancelling large, ambitious projects or throwing their future into great uncertainty. In 2005, the board rejected a $2.2 billion plan spearheaded by then-Mayor Michael Bloomberg for a redevelopment that would have included a stadium on Manhattan’s West Side to be used by the New York Jets and, possibly, for the 2012 Olympic Games.

amazon protest nyc 7609Protesters outside the City Council hearing in December.Business Insider/Jessica Tyler

Johnson anticipates a vote on Amazon’s HQ2 project in the spring, though the board has not said when it plans to hold it. 

New York Gov. Andrew Cuomo’s appointee on the board, Robert F. Mujica Jr., told the New York Times in November that a vote would not necessarily be held on the $500 million state grant itself, though it’s unclear whether the board is able to vote piecemeal on parts of the plan.

Johnson is more confident, however.

“This still has to go through that process, which means that we have to continue to ask questions before the Public Authorities Control Board meets and makes a determination,” Johnson said.

Stopping Amazon — or not

Johnson also said he doesn’t necessarily want to stop the Amazon deal from going through, if Amazon would be willing to make some concessions.

“If Amazon would agree to labor peace agreements, if Amazon would agree to investing in our infrastructure, our subways, if Amazon would agree to treating their employees a certain way, if Amazon wanted to be a good corporate citizen in New York City,” Johnson said, he and other critics would be more amenable to the HQ2 project.

He said the currently announced plans, which include a school and its payments in lieu of taxes going to an infrastructure fund, don’t cut it.

“Amazon [is] throwing us crumbs and expecting us to have a Thanksgiving feast,” Johnson said.

In the meantime, Johnson continues to be critical of Amazon and its plans for the city. Those plans include a helipad for the proposed headquarters, which he called the “putrid rotten cherry on top of a Sundae with old ice cream that’s gone bad.”

Read more: ‘Do you realize how out of touch that seems?’: NYC lawmakers rail against Amazon for HQ2 helipad demand in heated hearing

Johnson said he doesn’t see the anger subsiding on the part of the public, which he expects to “remain engaged.”

I think that the more people talk about this, the more people understand the impact that this is going to have on our city and state,” he said.

“I think Amazon themselves made a tremendous mistake, whoever was advising them, which is coming to this city. It’s going to be an issue for them.”

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The 3 Best Canadian Tech Stocks I Would Buy With $3,000 for 2021

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The majority of the Canadian tech stocks went through the roof in 2020 and delivered outsized returns. However, tech stocks witnessed sharp selling in the past 10 days, reflecting valuation concerns and expected normalization in demand. 

As these high-growth tech stocks shed some of their gains, I believe it’s time to accumulate them at current price levels to outperform the broader markets by a significant margin in 2021. Let’s dive into three tech stocks that have witnessed a pullback and are looking attractive bets. 

Lightspeed POS

Lightspeed POS (TSX:LSPD)(NYSE:LSPD) stock witnessed strong selling and is down about 33% in the last 10 days. I believe the selloff in Lightspeed presents an excellent opportunity for investors to invest in a high-growth and fundamentally strong company. 

Lightspeed witnessed an acceleration in demand for its digital products and services amid the pandemic. However, with the easing of lockdown measures and economic reopening, the demand for its products and services could normalize. Further, it faces tough year-over-year comparisons. 

Despite the normalization in demand, I believe the ongoing shift toward the omnichannel payment platform could continue to drive Lightspeed’s revenues and customer base. Besides, its accretive acquisitions, growing scale, and geographic expansion are likely to accelerate its growth and support the uptrend in its stock. Lightspeed stock is also expected to benefit from its growing average revenue per user, innovation, and up-selling initiatives.     

Shopify 

Like Lightspeed, Shopify (TSX:SHOP)(NYSE:SHOP) stock has also witnessed increased selling and has corrected by about 22% in the past 10 days. Notably, during the most recent quarter, Shopify said that it expects the vaccination and reopening of the economy to drive some of the consumer spending back to offline retail and services. Further, Shopify expects the pace of shift toward the e-commerce platform to return to the normal levels in 2021, which accelerated in 2020.

Despite the normalization in the pace of growth, a strong secular shift towards online commerce could continue to bring ample growth opportunities for Shopify, and the recent correction in its stock can be seen as a good buying opportunity. 

Shopify’s initiatives to ramp up its fulfillment network, international expansion and growing adoption of its payment platform are likely to drive strong growth in revenues and GMVs. Moreover, its strong new sales and marketing channels bode well for future growth. I remain upbeat on Shopify’s growth prospects and expect the company to continue to multiply investors’ wealth with each passing year. 

Docebo 

Docebo (TSX:DCBO)(NASDAQ:DCBO) stock is down about 21% in the last 10 days despite sustained momentum in its base business. The enterprise learning platform provider’s key performance metrics remain strong, implying that investors should capitalize on its low stock price and start accumulating its stock at the current levels. 

Docebo’s annual recurring revenue or ARR (a measure of future revenues) continues to grow at a brisk pace. Its ARR is expected to mark 55-57% growth in Q4. Meanwhile, its top line could increase by 48-52% during the same period. The company’s average contract value is growing at a healthy rate and is likely to increase by 22-24% during Q4. 

With the continued expansion of its customer base, geographical expansion, innovation, and opportunistic acquisitions, Docebo could deliver strong returns in 2021 and beyond.

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Manitoba to invest $6.5 million in new systems

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WINNIPEG – The province of Manitoba is investing $6.5 million over three years to replace technical systems used in healthcare facilities, including replacing current voice dictation and transcription services with more modern systems and upgrading the Provincial Health Contact Centre (PHCC)’s triage, call-recording and telephone systems, Health and Seniors Care Minister Heather Stefanson (pictured) announced.

“Our government is investing in the proper maintenance of information and communications technology to ensure digital health information can be safely stored and shared as needed,” said Stefanson. “These systems will ensure healthcare facilities can continue to provide high-quality services and allow Manitobans to get faster access to healthcare resources and information.”

Dictation, transcription and voice-recognition services are used by healthcare providers to write reports. There are currently approximately 80 healthcare sites across Manitoba using some combination of dictation, transcription and voice-recognition services. Many of these systems are nearing the end of their usable lifespans.

“Across our health system, radiologists and nuclear medicine physicians use voice-dictation services to help create diagnostic reports when reading imaging studies like ultrasound, nuclear medicine studies, X-rays, angiography, MRI and CT scans,” said Dr. Marco Essig, provincial specialty lead, diagnostic imaging, Shared Health. “Enhanced dictation and voice-recognition services will enable us to work more efficiently and provide healthcare providers with quicker access to these reports that support the diagnoses and treatment of Manitobans every day.”

The project will replace telephone-based dictation and transcription with voice-recognition functions, upgrade voice-recognition services for diagnostic imaging and enhance voice-recognition tools for mobile devices.

“Investing in more modern voice-transcription services will help our health-care workers do the administrative part of their jobs more quickly and effectively so they can get back to the most important part of their work – providing top-level healthcare and protecting Manitobans,” said Stefanson. “The transition to the new system will be made seamlessly so that services disruptions, which can lead to patient care safety risks, will not occur.”

The new systems will be compatible with other existing systems, will decrease turnaround times to improve patient care and will be standardized across the province to reduce ongoing costs and allow regional facilities to share resources as needed, Stefanson added.

The PHCC is a one-stop shop for incoming and outgoing citizen contact and supports programs such as Health Links–Info Santé, TeleCARE TeleSOINS and After-Hours Physician Access, as well as after-hours support services to public health, medical officers of health, home care and Manitoba Families.

The current vendor that supplies communications support to the PHCC is no longer providing service, making it an opportune time to invest in an upgraded system that will provide better service to Manitobans, the minister said, adding the project will provide the required systems and network infrastructure to continue providing essential services now and for the near future.

“The PHCC makes more than 650,000 customer service calls to Manitobans per year to a broad spectrum of clients with varied health issues. This reduces the need for people to visit a physician, urgent care or emergency departments,” said Stefanson. “The upgrade will also allow Manitobans in many communities to continue accessing the support they need from their home or local health centre, reducing the need for unnecessary travel.”

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Telus and UHN deliver services to the marginalized

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Telus’s Health for Good program has launched the latest of its specially equipped vans to provide medical services to the homeless and underserved, this time to the population of Toronto’s west end. The project relies not only on the hardware and software – the vans and technology – but on the care delivered by trained and socially sensitive medical professionals.

For the Toronto project, those professionals are working at the University Health Network’s Social Medicine program and the Parkdale Queen West Community Health Centre. The city’s Parkdale community, in the west end, has a high concentration of homeless and marginalized people.

First launched in 2014, Telus’s Health for Good program has delivered mobile clinics to 13 Canadian cities, from Victoria to Halifax. Originally designed to deliver primary care, the program pivoted to meet the needs of patients in the COVID-19 pandemic, said Nimtaz Kanji, Calgary-based director of Telus Social Purpose Programs.

Angela Robertson of the Parkdale Queen West Community Health Centre (CHC) asserted that marginalized people are particularly susceptible to the spread of COVID-19, as they don’t have access to the basic precautions that prevent its spread.

The clinic is located near a Pizza Pizza franchise; homeless people shelter under its overhang on the weekends, she said. Some have encampments under nearby bridges.

“The public health guidelines and requirements call for things that individuals who are homeless don’t have,” Robertson said. “If the response calls for isolation, that suggests people have places to isolate in.”

And in the shelter system, pre-COVID, the environment was very congregate, with many people in the same physical space, said Robertson. Some homeless persons, in order to keep themselves safe, have created encampments, and the city has opened up some hotel rooms across the city to create spaces for physical distancing.

Even proper hand-washing and hygiene becomes a challenge for the homeless.

“COVID calls for individuals to practice constant hand-washing. Oftentimes, individuals who are homeless use public washroom facilities that may be in restaurants or coffee shops, and many of those spaces are now closed. So there are limitations to accessing those facilities. It’s not like they’re in a community where there are public hand-washing facilities for people who are homeless.”

The mobile health clinic allows the CHC to take “pop-up testing” into communities where there is high positivity and where additional COVID testing is needed. The CHC can take testing into congregate sites and congregate housing to provide more testing, Robertson said.

“The other piece that we will use the van to do is, when the vaccine supply gets back online, and when the health system gets to doing community vaccinations … we hope that we can be part of that effort.”

COVID has contributed to a spike in cases of Toronto’s other pandemic: opioid overdoses. Some community members are reluctant to seek care because of the stigma attached to substance abuse; and COVID has a one-two punch for users.

The first rule of substance abuse is, don’t use alone; always be with someone who can respond to a potential overdose, ideally someone who can administer Nalaxone to reverse the effects of the overdose, Robertson said. “It’s substance abuse 101,” and the need for social distancing makes this impossible.

Secondly, COVID has affected the supply chain of street drugs. As a result, they’re being mixed increasingly with “toxic” impurities like Fentanyl that can be deadly.

The van itself is a Mercedes Sprinter, modified by architectural firm éKM architecture et aménagement and builder Zone Technologie, both based in Montréal. According to Car and Driver magazine, the Sprinter line – with 21 cargo models and 10 passenger versions – is “considered by many to be the king of cargo and passenger vans.”

Kanji said the platform was chosen for its reputation for reliability and robustness.

While the configuration is customized for each mobile clinic, it generally consists of two sections: A practitioner’s workstation and a more spacious and private examination room, so patients can receive treatment with privacy and dignity, Kanji said. The Parkdale clinic is 92 square feet.

“While the layouts vary across regions, they typically include an examination table and health practitioners’ workstation, including equipment necessary to provide primary healthcare,” the Telus vice-president of provider solutions wrote in an e-mail interview. The Parkdale Queen West mobile clinic is designed for primary medical services, including wound care, mobile COVID-19 testing and vaccination efforts, harm reduction services, mental healthcare and counseling.

The clinic equipped with an electronic medical record (EMR) from TELUS Health and TELUS LTE Wi-Fi network technology.

Practitioners will be able to collect and store patient data, examine a patient’s results over time, and provide better continuity of care to those marginalized citizens who often would have had undocumented medical histories.

The EMR system is Telus Health’s PS Suite (formerly Practice Solutions). It is an easy-to-use, customizable solution for general and specialty practices that captures, organizes, and displays patient information in a user-friendly way. The solution allows for the electronic management of patient charts and scheduling, receipt of labs and hospital reports directly into the EMR, and personalization of workflows with customizable templates, toolbars, and encounter assistants.

But like others tested for COVID, it’s a 24-48 hour wait for results. Pop-up or not, how does the mobile team get results to patients who have no fixed address?

The CHC set up a centre for testing in a tent at the Waterfront Community Centre. Swabs are sent to the lab. “We are responsible for connecting back with community members and their results,” Robertson said.

“This is the value of having Parkdale Queen West being in front of the testing, because many of the community members who are homeless we know through our other services, and there is some trust in folks either coming to us to make arrangements to collect their results, or we know where they are.”

This is a key element of the program, said Kanji – leveraging community trust. In Vancouver downtown east side, for example, where there is a high concentration of marginalized members of the indigenous community, nurse practitioners are accompanied by native elders in a partnership with the Kilala Lelum Health Centre.

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