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ARTICLE · 04 APRIL 2025

Data Centre Investment In Canada: Key Considerations For Investors

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Advancements in AI technology are driving demand for data centre capacity. This, in turn, has ushered in an intense capital-raising environment in the infrastructure sector, with investors seeking to capitalize.

CanadaEnergy and Natural Resources
Huw Evans
Huw Evans
Joel Ramsey
Joel Ramsey
Daliana Coban
Daliana Coban
Scott Kraag
Scott Kraag
Adam Armstrong
Adam Armstrong
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Advancements in AI technology are driving demand for data centre capacity. This, in turn, has ushered in an intense capital-raising environment in the infrastructure sector, with investors seeking to capitalize on this growing demand. According to Infralogic1, eight of the top ten greenfield financings with disclosed valuations in North America in 2024 were data centre deals2, a trend we expect to continue unabated through 2025.


While the global data centre market is currently dominated by the United States, constraints on the availability of sufficient electricity and land to accommodate data centre projects has investors looking to new geographies. Given its relative low energy prices, access to renewable and clean energy, and a predominantly cool climate—as well as favourable emerging federal and provincial policies—Canada is well positioned to capitalize on the growing demand for data centres. In this article, we discuss some key public policy initiatives and

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