Feds invest $40M in Nokia for 5G research

KANATA, ON – The federal government is investing $40 million in the Canadian arm of Nokia to research and test its 5G wireless technology in Canada.Friday’s announcement says that the investment, which comes from the Feds’ Strategic Innovation Fund, will help maintain over 2000 Nokia jobs already in Canada plus create another 237. It will also support projects at Nokia Canada locations in Kanata and Mississauga, valued at over $214 million.“Nokia's products will improve how data is routed and how optical networks are managed”, reads the announcement. “The company will develop cybersecurity tools to protect telecommunications networks and establish a new Nokia...