Data Center Colocation Costs in Canada: Q3 2026 Price Index

Data centers

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Q3 2026 · 2026-10-01 · H2 2025 – Q2 2026 · CBRE, North America Data Center Trends H1 2025 — Market Profiles: Toronto (8 Sep 2025) · 32 Tier III/IV · 19 AI-ready · 2,494+ MW · sources

How this market compares

Round-trip times are measured figures from the latency matrix; power tariffs from the index. Cross-connects add $50–$350 per month each on top of any rate. Round-trip · The Index

Why prices sit where they do

Canada enters the catalog through Equinix's Toronto metro cluster: six operational IBX facilities in downtown Toronto, Markham and Brampton, none with a published power capacity in MW. TR2, at 45 Parliament Street, is by far the largest at 10,124 sqm; TR5 in Markham is the smallest at 833 sqm but runs 2N power and UPS redundancy, a tier above the N+1 disclosed at most siblings. TR1 and TR2 predate Equinix's 2020 acquisition of 13 Bell Canada data centers, which brought the other four sites into the portfolio at once — a single-deal history visible in near-identical certification blocks across every page. Power at $0.115/kWh sits mid-pack against this catalog's other markets, but the headline rate understates the real driver: Ontario's grid is roughly 90% nuclear and hydro, and large industrial users are billed wholesale plus the volatile Global Adjustment surcharge, whose partial relief for big loads is due to start phasing out in 2026.