Brookfield Asset Management, Mark Carney’s own investment firm, is the number one provider of AI infrastructure globally. They even boast about it on their website.
What people don’t seem to understand is that Brookfield Asset Management, because of its ties to the Prime Minister, isn’t going to put its name directly on every project. Brookfield has numerous subsidiaries, and the primary one linked to constructing these massive data centers is Compass Data Centers.
Compass Data Centers secures the contracts and builds these facilities. There are also other Brookfield subsidiaries that provide different parts of the projects—one handles the foundation work, another provides fiber optics, another supplies other infrastructure. It’s essentially one company operating through a network of subsidiaries.
Large corporations do this all the time. Pepsi does it. Coca-Cola does it. Brookfield is doing it with AI infrastructure.
Now let’s connect the dots. Prior to all this, Stelco lands in Hamilton being proposed as the site for one of these AI data centers.
Compass Data Centers works directly with major corporations—not small companies, but organizations like Microsoft and Google. The proposed Hamilton project is being backed by Microsoft.
You can see how it’s all connected. Brookfield appears to have some level of involvement with Microsoft on these projects. Instead of Brookfield’s name appearing on the project, a subsidiary like Compass Data Centers builds it. Do you see the concern people are raising?
When you dig deeper, one of the most significant projects is being built in Alberta. Why Alberta? These facilities require enormous cooling systems and vast natural resources. Alberta has abundant fresh water, large amounts of undeveloped land, and the resources needed to support projects of this scale.
Some people want to say it’s all Mark Carney’s fault, but these projects also require provincial approval. It wouldn’t happen in Alberta without Danielle Smith’s government approving it. It wouldn’t happen in Saskatchewan without Scott Moe’s government. It wouldn’t happen in Ontario without Doug Ford’s government. Projects of this size involve multiple levels of government.
In Alberta, a one-gigawatt data center has been approved. That’s one billion watts of electrical capacity. Facilities of that size consume enormous amounts of electricity. There have also been reports in parts of the United States, including areas near the Rio Grande, where residents have raised concerns about the water demands of nearby data centers and their impact on local water supplies.
When I think about Alberta, I think about Banff, Lake Louise, the Trans-Canada Highway, the forests, and the natural beauty. Then I think about placing a 500,000-square-foot data center in that landscape. My concern is that these projects are moving forward because governments and corporations are working together.
I want Canadians to understand that, regardless of political affiliation, there’s no benefit in fighting each other over every issue if the shared goal is a prosperous country. Whether you support or oppose these projects, they will have significant impacts on surrounding communities and infrastructure. This isn’t the time for partisan fighting. If people want influence over decisions like these, they need to organize and engage together. Otherwise, these decisions will continue to be made without broad public input.
Leave a Reply