• Canada to invest up to $1.6B in Toronto-based AI company Cohere

  Source: CBC Politics
  Date: 2026-10-29 17:12:24.0
  Tags: [National, Economy, Technology, Industry, Infrastructure]

  The federal government of Canada announced an equity investment of up to $1.6 billion in Toronto-based artificial intelligence company Cohere as part of a broader $7 billion funding round led by Germany's Schwarz Group. The funding will support model development, products for regulated industries, and computing infrastructure, with Cohere committing to invest at least $1.7 billion in new computing infrastructure in Canada by 2030. Additional participants in the funding round include Nvidia and BCE subsidiary Bell Canada, ensuring Cohere's incorporation and headquarters remain in Canada.

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• Boon or boondoggle? N.S. weighs $10B data centre’s promised economic benefits

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-23 12:02:20.0
  Tags: [Nova Scotia, Technology, Energy, Infrastructure, Industry, Economy]

  EverWind has announced a $10 billion private investment to build an 18,600-square-metre artificial intelligence data centre campus and associated wind projects in Point Tupper, Nova Scotia. The facility will be leased for 20 years to the American AI company Anthropic, starting with a 95-megawatt capacity in the first phase by late 2027 and a planned 325-megawatt expansion by mid-2028. The project is projected by EverWind to create 2,000 construction jobs and 215 permanent positions offering salaries ranging from $135,000 to $185,000 per year across the data centre and four power-generating wind farms.

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• Nova Scotia to host massive data centre to power artificial intelligence

  Source: CBC Politics
  Date: 2026-10-16 14:00:00.0
  Tags: [Nova Scotia, Infrastructure, Energy, Technology, Industry, Indigenous]

  EverWind Fuels is constructing a massive 420-megawatt artificial intelligence data centre campus in Point Tupper, Nova Scotia, backed by $8 billion in private capital. The facility will be built in two phases—95 megawatts coming online by the end of 2027 and 325 megawatts in 2028—under a 20-year lease agreement with an unnamed AI tenant. To power the facility, EverWind is raising an additional $2 billion for four planned onshore wind farms, while utilizing existing provincial grid capacity for initial supply and employing a closed-loop water-glycol system drawing from Landrie Lake. Furthermore, a consortium of Mi'kmaw communities fronted by Membertou First Nation is negotiating a nine per cent equity stake in the project.

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• Single Largest Private Sector Capital Investment in History of Canada Through Bell AI's Saskatchewan Expansion

  Source: Saskatchewan - Government News
  Date: 2026-09-15 02:10:00.0
  Tags: [Saskatchewan, Technology, Energy, Infrastructure, Economy, Industry]

  Premier Scott Moe and Bell Canada CEO Mirko Bibic announced a major expansion of Bell's AI Data Centre project in Saskatchewan, bringing the total estimated capital investment to more than $50 billion and establishing the Bell AI Fabric headquarters in the Regina area. The project includes a phased development of up to 900 megawatts (MW) of additional power capacity provided by Bell through Saskatchewan’s Bring Your Own Power principle, alongside an initial 300 MW from the provincial grid, creating a pathway to a 1.2 gigawatt (GW) Canadian AI infrastructure hub. The expansion is approved under the Saskatchewan Data Centre Framework released in August 2026 and is expected to create up to 500 permanent operations and power generation jobs, approximately 100 management positions at the new headquarters, and an estimated 3,000 additional jobs in security, logistics, and maintenance.

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