Market Veteran Raoul Pal Predicts Ethereum Comeback Against Bitcoin with Donald Trump’s Victory
Crypto market expert Raoul Pal believes Trump could create a more favorable regulatory environment, which might help Ethereum outperform Bitcoin. Pal compares Ethereum to Microsoft in its early days, saying its reliability and widespread adoption make it a top choice for traditional finance institutions. Pal acknowledges that while Ethereum has strengths…
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Crypto market expert Raoul Pal believes Trump could create a more favorable regulatory environment, which might help Ethereum outperform Bitcoin.
Pal compares Ethereum to Microsoft in its early days, saying its reliability and widespread adoption make it a top choice for traditional finance institutions.
Pal acknowledges that while Ethereum has strengths… Read More
Share this Story : Toronto Sun Copy Link Email X Reddit Pinterest LinkedIn Tumblr Breadcrumb Trail Links Money News Ontario Technology Microsoft Canada president vows ‘community-first approach’ to AI investment Tech giant announced $19-billion investment to expand AI and cloud infrastructure in Ontario and Quebec Author of the article: Ling Hui Published Apr 08, 2026
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Microsoft Canada president vows ‘community-first approach’ to AI investment
Tech giant announced $19-billion investment to expand AI and cloud infrastructure in Ontario and Quebec
Author of the article:
Ling Hui
Published Apr 08, 2026 • Last updated 1 day ago • 2 minute read
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The Microsoft logo is displayed at an event at the Chatham House think tank in London, Monday, Jan. 15, 2024. Photo by Kin Cheung /AP Photo
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Microsoft said its billion-dollar investment to expand artificial intelligence infrastructure at Ontario and Quebec data centres will include a “community-first approach,” taking into account concerns from the local communities.
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In December, the tech giant had announced a $19-billion investment — the largest in Canadian history — to expand its AI and cloud infrastructure in the two provinces.
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In a blog post Tuesday, Microsoft Canada president Matt Milton said the company is aware that Canadians have “real questions” about affordability, energy and water use, jobs and the impact on communities regarding its AI investment.
“At Microsoft, we believe communities should share in the benefits of AI infrastructure and they should not bear the costs,” Milton said.
Electricity costs, water usage among concerns
He said the company’s five “community-first” principles will shape how it will build and operate its data centres in Ontario and Quebec.
Among those principles he outlined was the company’s commitment to “paying our way on electricity” to ensure that its data centres don’t increase electricity prices for Canadians and put added strain on the grid.
Milton said the company will work with provinces, utilities, system operators and regulators to plan new supply in advance. He also said the company will pay the full cost of the electricity it uses, including the cost of new generation, transmission and grid upgrades.
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Milton also said that Canada’s cooler climate means the company can cool its data centres mostly using outside air, “using water for cooling less than 5% of the year.”
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Thousands employed in construction process
He also said the company will work with local governments, conservation partners and research institutions on water projects.
Milton said Microsoft’s data centre investment in Canada will employ about 2,000 workers across all sites during construction with 400 Canadian businesses involved during the construction phase.
He said once its data centres are built and operational, the company will create 250 full-time jobs and hire about 400 contractors to maintain and operate its sites.
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Microsoft said its billion-dollar investment to expand artificial intelligence infrastructure at Ontario and Quebec data centres will include a “community-first approach,” taking into account concerns from the local communities.
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Article content
In December, the tech giant had announced a $19-billion investment — the largest in Canadian history — to expand its AI and cloud infrastructure in the two provinces.
Article content
We apologize, but this video has failed to load.
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Microsoft Canada president vows ‘community-first approach’ to AI investmentBack to video
We apologize, but this video has failed to load.
Try refreshing your browser, or tap here to see other videos from our team.
Article content
In a blog post Tuesday, Microsoft Canada president Matt Milton said the company is aware that Canadians have “real questions” about affordability, energy and water use, jobs and the impact on communities regarding its AI investment.
“At Microsoft, we believe communities should share in the benefits of AI infrastructure and they should not bear the costs,” Milton said.
Electricity costs, water usage among concerns
He said the company’s five “community-first” principles will shape how it will build and operate its data centres in Ontario and Quebec.
Among those principles he outlined was the company’s commitment to “paying our way on electricity” to ensure that its data centres don’t increase electricity prices for Canadians and put added strain on the grid.
Milton said the company will work with provinces, utilities, system operators and regulators to plan new supply in advance. He also said the company will pay the full cost of the electricity it uses, including the cost of new generation, transmission and grid upgrades.
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Milton also said that Canada’s cooler climate means the company can cool its data centres mostly using outside air, “using water for cooling less than 5% of the year.”
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Thousands employed in construction process
He also said the company will work with local governments, conservation partners and research institutions on water projects.
Milton said Microsoft’s data centre investment in Canada will employ about 2,000 workers across all sites during construction with 400 Canadian businesses involved during the construction phase.
He said once its data centres are built and operational, the company will create 250 full-time jobs and hire about 400 contractors to maintain and operate its sites.
Read More
Microsoft touts $500 million AI savings while slashing jobs
Plaintiff awarded $6M in landmark social media lawsuit against Google, Meta
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Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.