Video game publisher Ubisoft will be holding a press conference live on news10.net from Toronto, Canada. Ubisoft will be making a strategic announcement with the Government of Ontario.
Brief summary of Monday morning's press conference:
Ubisoft announced plans Monday to open a full development studio in Toronto, Ontario – a first for the company in the province. This significant announcement is expected to result in the creation of 800 net new jobs within the province over the next decade. The government of Ontario is investing CAD$263 million (approximately $226 million USD) over ten years in the company and Ubisoft's net investment will be over half a billion CAD in the new studio, which will begin operations in late 2009.