The Logic: Budget reveals how Ottawa plans to make data-centre deals
The Liberal government plans to use its own demand for computing power to “spur the buildout” of data centres in Canada but will stop short of underwriting the entire sector, according to Tuesday’s federal budget. AI Minister Evan Solomon said he now has authority to “strike deals to back data-centre projects,” while the Canada Infrastructure Bank’s $45-billion mandate will expand to include such investments. “We are seeing dozens and dozens of data-centre term sheets,” Solomon said at The Logic Summit, adding that while Ottawa “will participate” to ensure data sovereignty, “we are not here to necessarily support a huge industry.”
