Allied Properties sale of their data centre portfolio to KDDI includes 151 Front Street W., the site of TorIX which is the main Internet Exchange Point for the country. While that’s not necessarily an issue, I kinda figured it was at least a little bit notable but I’ve not seen it mentioned aside from an investment context.
Unfortunately, it seems like it’s less consequential than it should be because Bell Canada apparently still refuses to peer at TorIX and only connects to other ISPs through the US which means that eg. if I’m on Rogers in Toronto and you’re on Bell, any communications between our computers have to flow through American controlled systems even though we’re in the same city because that’s how Bell chooses to have things set up.
Whereas, for pretty much everything else in Toronto, it’d move between networks via TorIX. Which is now in a building owned by a Japanese company instead of a Canadian REIT.
Honestly I’d love to see companies that are owned by the government but exist to make money.
It would be widely unpopular as a business model, but how else do you manage public infrastructure without falling deep into corruption?
We used to have them. They were called Crown Corporations and were in the hands of the provinces that they resided in. However, almost all of them have been sold to private companies instead of being maintained as publicly/government owned services. Saskatchewan still has a few left, but there is a push within the Sask Party to sell them out from under the province.
Weird how as the crown corporations have disappeared everything in Canada has gotten more and more expensive 🤔
It’s almost like crown corporations make a profit to fund their service, and corporations make a profit to figure out how to make a bigger profit.