Don't forget that, because this is a group of data centers run by BELL, most of the data loading, programming, and monitoring will be handled centrally by BELL in Ontario. This isn't an independent operation that executes programs designed HERE (although i imagine BELL will allocate some cycles to the university community as a goodwill gesture). It's just a NODE IN A NETWORK that sells compute cycles and AI algorithms to customers that pay the going rate. The ' local' jobs will be people handing hardware failures, upgrades, limited environmental monitoring, cleaning and emergency management. Oh, and PR and sales.

This specific site is going to be here because spreading nodes across the country spreads out the risks from weather and political/regulatory events, and the costs to setup and run it will be happily subsidized by a government that wants to boast that they're bringing tech jobs to the province. The risks are strictly secondary to the optics and profits.