BCE Inc. Plans C$5 Billion Data Centre Expansion in Saskatchewan

Key Facts

1BCE Inc. plans to expand its Saskatchewan data centre capacity to 1.2 gigawatts, requiring an investment exceeding C$5 billion.

2Desjardins Capital Markets maintained a Buy rating and C$41 price target for BCE shares.

Amid a strategic shift toward digital infrastructure, BCE Inc. has unveiled plans to significantly expand its data centre footprint in Saskatchewan. According to reports, the company aims to scale its capacity to 1.2 gigawatts, a move requiring a capital investment exceeding C$5 billion. This expansion is designed to capture the surging demand for AI-driven infrastructure and pivot the company’s profile toward higher-growth digital segments.

From a valuation perspective, Desjardins Capital Markets maintained its Buy rating on BCE shares with a price target of C$41, suggesting the expansion could unlock C$9 per share in additional value. Per market data and analyst insights, this move reflects a broader industry trend where major telecom players are prioritizing infrastructure assets to drive long-term growth beyond traditional connectivity services.

Regarding market performance, BCE closed at C$23.47 (close September 14, 2026), having traded within a range of C$23.31 to C$23.62 during that session. Investors should monitor for further regulatory approvals or project milestones as the primary catalysts, as the current economic calendar shows no immediate high-impact events for the Canadian telecom sector following the recent inflation and interest rate data.