09:59:54 EDT Fri 10 Jul 2026
Enter Symbol
or Name
USA
CA



Finning International Inc
Symbol FTT
Shares Issued 130,528,831
Close 2026-07-09 C$ 99.40
Market Cap C$ 12,974,565,801
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Globe says Finning could benefit from Alberta's AI boom

2026-07-10 07:29 ET - In the News

The Globe and Mail reports in its Friday edition that Meta's $13-billion investment in an Alberta artificial intelligence data centre is set to benefit the province's utilities and natural gas producers. The Globe's Andrew Willis writes that Meta announced plans Wednesday to build a one-gigawatt facility in Sturgeon county. The project will use about three-quarters of the electricity consumed by Edmonton and will be powered by the nearby $4.6-billion Greenlight natural gas plant announced last year. A consortium led by Pembina Pipeline is building the Greenlight facility. Capital Power also announced a long-term, 250-megawatt power contract with Meta this week. Scotiabank analyst Robert Hope says the Meta investment shows that global hyperscalers are ready to invest significantly in Alberta. Five years ago, Meta rival Amazon launched a $4.3-billion data centre in the Calgary suburbs. Even companies with a seemingly distant relationship to Alberta's AI boom, such as construction equipment resellers Finning International, are getting a lift from the data centre boom. Finning stocks a line of natural-gas-powered engines that has begun to compete with power plant turbines made by companies such as Siemens and Mitsubishi.

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