
GFL Environmental has packed up and moved its executive headquarters to Florida, according to a Canadian Press report published today.
Was it the 22 centimetres of snow and subsequent transit shutdowns that did it? Maybe they got sick of hearing Torontonians complain about the recent recycling pickup delays. Or could it have something to do with numerous acts of violence targeting the company?
Related: What’s going on with Toronto’s new recycling system?
Founder and chief executive Patrick Dovigi said in a statement that the relocation expands GFL’s eligibility for participation in US equity indexes. More than two-thirds of GFL’s revenue comes from the US.
“We expect this approach to gaining broader index inclusion will increase GFL’s visibility with investors and ultimately drive a wider shareholder base,” he said, explaining the decision to leave Vaughan behind for Miami Beach. (Darn, they’ll just miss our new Olive Garden.)
According to Global News, Premier Doug Ford assured Ontarians that GFL jobs within the province will be unaffected. “They’re still going to be employing thousands and thousands of people here,” the premier said. “They’re a global company.”
Dovigi kept him in the loop about the move, Ford noted—unlike Prime Minister Mark Carney, who Ford said didn’t text him before making a major EV trade deal with China.
Carly Lewis is a journalist whose work has appeared in the New York Times and the New York Times Magazine, Vanity Fair, Wired, Interview Magazine, Pitchfork, Elle, and Maclean’s, where she is a contributing editor. Her work has been recognized by the National Magazine Awards and the Digital Publishing Awards. She reports on city life, culture—including what people do online—politics, art and crime. She received the Dave Greber Freelance Writers Award for “The Murder of Ashley Wadsworth,” an investigative feature about a Canadian teenager who was killed by a man she met on social media, published by Maclean’s.