A Canadian Company Set to Make a Fortune From the $650 Billion Data Centre Buildout

Did you know that there is a massive hyper-scale data centre buildout currently underway in Canada?

Canada currently has 337 data centres in total, including 5 “hyper-scale” data centres (“hyper-scale” is essentially a size term, it means very big). There are development projects underway that will add an additional 96 data centres to the nation’s total.

This is a pretty big development. On the one hand, there is potential for stress on power grids, and maybe pollution, depending on the power source where the data centres are built. On the other hand, the data centres could provide many jobs as well as access to vital AI infrastructure. On a policy level, it’s a mixed picture.

In the meantime, Canada’s data centre buildout will be an undeniable boon to some Canadian companies. In recent articles, I covered two of them: Brookfield Corporation (TSX:BN) and its partner Brookfield Renewable Partners (TSX:BEP.UN). In this article, I will explore another company that could profit from Canada’s data centre buildout – and yes, it’s another Brookfield company!

Brookfield Infrastructure Partners

Brookfield Infrastructure Partners (TSX:BIP.UN) is a Canadian company involved in the AI data centre buildout, not just in Canada but elsewhere. In this company’s case, the opportunity is not as “hyper-scale” as it is in Brookfield Renewable’s case. That company is indeed supplying power to true hyper-scalers (i.e., the American big tech giants). Brookfield Infrastructure appears to be supplying data centres for more modest clientele. However, its strategy certainly has some potential. Among other things, BIP.UN is apparently securing long-term leases of 10 years or longer – that’s a smart move.

Massive investments in data centres

Brookfield Infrastructure Partners has been making massive investments in data centres lately. Some of its projects have included:

• The CSquare Platform, which spans North America and includes property in Toronto.
• Compass Data Centers, which has two data centres each in Toronto and Montreal.

These major data centre projects include several individual data centres across Canada’s major cities, and more locations may be added in the future.

Part of the Brookfield ecosystem

One big advantage that Brookfield Infrastructure Partners has is that it is part of the Brookfield ecosystem. Brookfield, as an entity, is extremely well-connected in the tech world. It is partnering with NVIDIA (NASDAQ:NVDA) to develop the full-stack AI service Radiant. Brookfield Renewable Partners is supplying billions of dollars worth of renewable power per year to Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOG). These connections may provide Brookfield Infrastructure Partners with important opportunities down the line.

Foolish takeaway

While Brookfield Infrastructure Partners is not currently exploiting the “hyper-scale” data centre opportunity to the same extent that Brookfield Renewable is, it is involved in AI data centres generally. Through CSquare and Compass Data Centers, it operates multiple data centres across Canada. Through its position in the Brookfield ecosystem, is has the opportunity to take advantage of future projects.

Brookfield Infrastructure Partners has built one of the most valuable collections of hard assets in the world, with cell towers, pipelines, utilities and more in its portfolios. Now, it is adding data centres to the mix. That in itself doesn’t make BIP.UN a great investment, but it’s certainly promising.

The post A Canadian Company Set to Make a Fortune From the $650 Billion Data Centre Buildout appeared first on The Motley Fool Canada.

Should you invest $1,000 in Brookfield Renewable Partners right now?

Before you buy stock in Brookfield Renewable Partners, consider this:

The Motley Fool Canada team has identified what they believe are the top 10 TSX stocks for 2026… and Brookfield Renewable Partners wasn’t one of them. The 10 stocks that made the cut could potentially produce monster returns in the coming years.

Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the “eBay of Latin America” at the time of our recommendation, you’d have over $17,000!*

Now, it’s worth noting Stock Advisor Canada’s total average return is 97%* – a market-crushing outperformance compared to 88%* for the S&P/TSX Composite Index. Don’t miss out on our top 10 stocks, available when you join our mailing list!

Get the 10 stocks instantly #start_btn6 { background: #0e6d04 none repeat scroll 0 0; color: #fff; font-size: 1.2em; font-family: 'Montserrat', sans-serif; font-weight: 600; height: auto; line-height: 1.2em; margin: 30px 0; max-width: 350px; text-align: center; width: auto; box-shadow: 0 1px 0 rgba(0, 0, 0, 0.5), 0 1px 0 #fff inset, 0 0 2px rgba(0, 0, 0, 0.2); border-radius: 5px; } #start_btn6 a { color: #fff; display: block; padding: 20px; padding-right:1em; padding-left:1em; } #start_btn6 a:hover { background: #FFE300 none repeat scroll 0 0; color: #000; } @media (max-width: 480px) { div#start_btn6 { font-size:1.1em; max-width: 320px;} } margin_bottom_5 { margin-bottom:5px; } margin_top_10 { margin-top:10px; }

* Returns as of July 6th, 2026

More reading

• 2 High-Yield Dividend Stocks to Own for the Next 10 Years
• 1 More Canadian Stock Set to Make a Fortune From Canada’s Data Centre Buildout
• How the Average TFSA Changes Across Canada
• 1 Canadian Stock Set to Profit From Canada’s Data Centre Buildout
• A Smart Strategy to Use Your TFSA to Effectively Double Your $7,000 Contribution

Fool contributor Andrew Button has positions in Brookfield Corporation and Alphabet. The Motley Fool has positions in and recommends Brookfield Corporation. The Motley Fool recommends Alphabet, Brookfield Infrastructure Partners, Brookfield Renewable Partners, Microsoft, and Nvidia. The Motley Fool has a disclosure policy.