To be fair, Vancouver is such a magical place in terms of electrical cost, but the cost of living and real estate are otherwise through the roof, with decrepit and nasty (would need $100k in renovations immediately if you're not treating it as a teardown) single family detached homes on the east side of the city selling for 3.2 million.
Yeah there's a reason our datacentres are in Kamloops, cheap housing and a big ass river right next to it. It even gets decently cold in the winter so you can save on cooling.
There's also tons of opportunity to build them out in former pulp mill towns on Vancouver Island that have big interconnects or dedicated generation.
You'd have to be an idiot to put a datacentre in Vancouver, or have fuck-off scale monopoly money, which is probably why Telus is doing it.
Shhh don't forget we have a water shortage. But it is nice to have electricity wrapped into my relatively cheap basement suite rent ;)