Bell’s Saskatchewan project is the largest-ever investment in the province and will become Canada's biggest purpose-built AI data centre, with an economic impact projected up to $12 billion and thousands of jobs during and after construction (about 800 construction roles, 80 full-time roles, and up to 750 community positions).

Construction is planned to start in spring 2026, with the facility coming online in stages, beginning in the first half of 2027.

The site is a new 300-megawatt data centre outside Regina in the rural municipality of Sherwood, built by BCE Inc.

The press release includes non-GAAP reconciliations, definitions of metrics like free cash flow and adjusted EBITDA, and forward-looking statement cautions as required.

The project features a closed-loop cooling system and is exploring district energy and waste-heat reuse opportunities with nearby campuses and George Gordon Developments Ltd.

Cerebras and CoreWeave are tenants; Cerebras will provide wafer-scale AI inference/training capacity while CoreWeave offers NVIDIA-GPU-based AI compute, emphasizing sovereign compute within Canada.

Guidance for 2026 remains unchanged on revenue growth, adjusted EBITDA growth, and EPS, with capital intensity around 20%, while free cash flow guidance has been updated to reflect the project.

BCE aims for a leverage-neutral run-rate EBITDA impact with a target net debt leverage ratio of 3.5x by 2027, below 3.5x by 2028, and around 3.0x by 2030.

BCE raises its AI-powered solutions revenue target to about $2 billion by 2028, with incremental capex around $1.7 billion (about $1.3 billion in 2026); construction funding is expected through debt and cash on hand.

Bell will connect the data centre to its national fibre backbone via SaskTel, and both Bell and SaskTel will market AI-powered products to SaskTel customers.

Leaders from Bell, Saskatchewan’s Premier, Cerebras, CoreWeave, and George Gordon First Nation are quoted, underscoring community impact, Indigenous procurement commitments, and partnerships.

A significant portion of the facility’s power is planned to support sovereign AI compute.