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Synapse Data Center Inc. has proposed a $10 billion investment to construct a one-gigawatt data center in Olds, Alberta, which is set to create 2,000 construction jobs and over 1,000 long-term technology positions. The facility, designed to be ten times larger than current Canadian data centers, will operate using a closed-cycle natural gas system, independent of the provincial grid. The Town of Olds is seeking regulatory approvals to advance the project, highlighting its potential economic and technological impact.