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"Let's give 200 million dollars to that Facebook guy". Sounds like those Albertan decision makers went all in on their shared future with america.
And will this ever be paid back, or will this cost locals more then just the monetary value in the long run.
That is a funny question, Meta makes money off of taking things from others to sell those peoples data. Meta will pay the Alberta back by selling the data of the people who use it.
Export Development Canada provided between $100 million and $200 million in project financing for the gas-fired plant that will power Meta's data centre in Sturgeon County, Alta., Canada's National Observer has discovered.
The federal Crown corporation, which is backstopped by Canadian taxpayers, lent the money on July 2 – the same day that Pembina, Morgan Stanley Infrastructure Partners and Kineticor Asset Management reached a final investment decision on the $4.6-billion project. Its involvement has not been previously reported and was not publicly announced.
Just in case anyone was wondering whether any level of government was looking out for our interests on this. Obviously the provincial government isn't, either.
I have a facebook account, but I intently slowed how much I use using it when the whole boycott the US thing started. Because of me jumping further into the homelabbing thing I decided to make it next to impossible for me to get to meta properties without breaking some things.