Canada Has the Energy Base for AI Growth, It Just Isn't Using It -- Market Talk

Dow Jones02:22

1422 ET - Canada's AI ambitions may be constrained less by talent or research and more by its failure to capitalize on a natural structural advantage, ATB Cormark analyst Martin Toner tells WSJ. He points to the country's "copious amounts of hydroelectric" power, a resource he describes as one of the world's strongest foundations for energy-intensive AI infrastructure, as an underused opportunity. While global investment in data-center capacity accelerates, Toner says Canada has yet to fully leverage its energy profile to attract or scale AI-driven compute. The gap between potential and deployment, he says, is becoming more visible as U.S. and international players move faster to build the next generation of AI-ready infrastructure. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

May 20, 2026 14:22 ET (18:22 GMT)

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