Économie de Montréal

[Le Roach]

https://globalnews.ca/news/10202264/walmart-halts-100m-distribution-centre-project-in-quebec/

 

[Djentmaster001]

Canada's data centre market to grow 'in a big way': Cologix president

Quote

“I don’t see a slowdown in Montreal,” he says. “We’ve got 200,000 square feet of white space coming available next year, so we continue to believe that Montreal will lead the way in data centre space.”

Adding on to that, I know of a relatively large European HQ'd data centre company planning multiple expansions here, they already have a presence, but will continue to grow in 2024. 

https://renx.ca/canadas-data-centre-market-to-grow-in-a-big-way-cologix-president

[mtlurb]

2 hours ago, Djentmaster001 said:

Canada's data centre market to grow 'in a big way': Cologix president

Adding on to that, I know of a relatively large European HQ'd data centre company planning multiple expansions here, they already have a presence, but will continue to grow in 2024. 

https://renx.ca/canadas-data-centre-market-to-grow-in-a-big-way-cologix-president

Most probably OVH

[SKYMTL]

3 hours ago, Djentmaster001 said:

Canada's data centre market to grow 'in a big way': Cologix president

Adding on to that, I know of a relatively large European HQ'd data centre company planning multiple expansions here, they already have a presence, but will continue to grow in 2024. 

https://renx.ca/canadas-data-centre-market-to-grow-in-a-big-way-cologix-president

At what point in time is continuing to court large datacenters with generous tax credits and the promise of low electricity rates going to lead to a net negative financial gain? 

Job creation and datacenters don't go hand in hand with each employing, at most, a few dozen full time workers.  Plus we're already on the precipice of an electricity crunch on a distribution system that increasingly feels like its held together with a bit of duct tape and a pair of rusty staples.  These facilities put exponentially more stress on the system relative to their size, forcing additional expenditures on back-end electrical generation to keep up with demand. 

We shouldn't be happy these companies are setting up shop here.  At least not until Hydro Quebec gets its act together. 

[Djentmaster001]

46 minutes ago, mtlurb said:

Most probably OVH

Not OVH, it's a Dutch company

[Djentmaster001]

22 minutes ago, SKYMTL said:

At what point in time is continuing to court large datacenters with generous tax credits and the promise of low electricity rates going to lead to a net negative financial gain? 

Job creation and datacenters don't go hand in hand with each employing, at most, a few dozen full time workers.  Plus we're already on the precipice of an electricity crunch on a distribution system that increasingly feels like its held together with a bit of duct tape and a pair of rusty staples.  These facilities put exponentially more stress on the system relative to their size, forcing additional expenditures on back-end electrical generation to keep up with demand. 

We shouldn't be happy these companies are setting up shop here.  At least not until Hydro Quebec gets its act together. 

They're more than a few "dozen" workers, you have people working at data centres, separate offices, segments, people from head offices, etc... I disagree with the tax credits, we need them to remain competitive to low tax jurisdictions. All of the incentives here have led to gains and we get more $$$ in return than spending on programs. Hydro Quebec will be (finally) expanding their resources and capabilities to meet energy demands... if you think Data Centres are "bad", I'd be more worried on electric vehicles and batteries, we're expanding too fast on that. At least data centres are energy efficient and have the technology to reduce consumptions but still meet demand.

[mtlurb]

37 minutes ago, SKYMTL said:

At what point in time is continuing to court large datacenters with generous tax credits and the promise of low electricity rates going to lead to a net negative financial gain? 

Job creation and datacenters don't go hand in hand with each employing, at most, a few dozen full time workers.  Plus we're already on the precipice of an electricity crunch on a distribution system that increasingly feels like its held together with a bit of duct tape and a pair of rusty staples.  These facilities put exponentially more stress on the system relative to their size, forcing additional expenditures on back-end electrical generation to keep up with demand. 

We shouldn't be happy these companies are setting up shop here.  At least not until Hydro Quebec gets its act together. 

You have your nose on the tree and fail to see the forest... literally.

These thousands of new servers enable local companies to create hundreds and thousands of net new jobs to create and maintain services to their clients, which also create jobs downstream.

An equivalent analogy would be the few workers required to manage a hydro damn, but without it, we would lose innumerable jobs in the economy... back to the stone age. 

This being said, in theory I oppose handouts to companies, not sure how much is given here, can't really give a honest opinion on that part of the equation.

[Djentmaster001]

Prehos (based in Quebec City) opened a new office in MTL. 

 

(Let's see how fast this new news gets posted elsewhere without credit)

[mtlurb]

1 hour ago, Djentmaster001 said:

Prehos (based in Quebec City) opened a new office in MTL. 

 

(Let's see how fast this new news gets posted elsewhere without credit)

Its not even on their website

[Djentmaster001]

2 hours ago, mtlurb said:

Its not even on their website