[BPKE]

Originally Posted by statbass

VOCM News
Sept 25, 2015

Not really Economic news for St. John's but definitely for the Avalon region... and Argentia in particular.



http://www.vocm.com/newsarticle.asp?...57529&latest=1

I think this is a great business opportunity for the province. Everyone talks about diversifying our economy and lowering our dependency on oil... what a better way!

I think NL is strategically positioned to be a big player in housing and maintaining large data centres. 1) We definitely have the space; 2) our climate is ideal for cooling data centres; 3) Muskrat Falls (and potentially Gull Island) can provide clean, reusable power needed to run these centres; and 4) our geographical proximity to NA and Europe positions us well.

I'm sure there are tons of other regulations, laws, taxation, etc. that comes into play here, but I really think there's the potentially for such an industry in NL. Just my $0.02....

How is the fibre situation off the island now?