Microsoft Announces $500 Million Investment to Expand Cloud and AI Infrastructure in Quebec, November 2023
On November 22, 2023, Microsoft announced a $500 million investment to expand its cloud computing and AI infrastructure in Quebec, Canada over the next two years. This investment will increase Microsoft’s local cloud infrastructure footprint by 750 percent across Canada. A report from Ernst & Young LLP revealed that Microsoft's ecosystem in Quebec, which includes over 3,200 partners and substantial cloud infrastructure accounts, supports over 57,000 jobs and contributes more than $6.4 billion annually to Quebec’s GDP. The investment will expand Microsoft's computing capacity by approximately 240 percent over the next three years. Microsoft also announced initiatives to help people gain the skills needed for the digital economy, including a collaboration with KPMG Canada and the launch of the Operational Risk Skills Development Centre, representing an investment of $1.7 million over three years. Furthermore, Microsoft is deepening its collaboration with NPower Canada to provide new digital training and career development opportunities.