Bulk Infrastructure proposes Canada-Europe subsea fiber route

Norway's Bulk Infrastructure Group is seeking a Canadian majority partner to fund and build a 2,800-mile undersea cable linking Norway to Newfoundland and Labrador, then Montreal. The proposed Leif Erikson project aims to provide a sovereign, secure, high-capacity data route for AI, telecom, and hyperscale markets while reducing reliance on U.S. infrastructure. The estimated cost is $620 million.
Bulk Infrastructure Group, a Norwegian fiber and data-center developer, wants a Canadian partner holding majority control to finance and construct the Leif Erikson link. The proposed route would run roughly 2,800 miles from southern Norway to Happy Valley-Goose Bay, then continue overland through Quebec to Montreal. Bulk has pitched the effort to investors at a Canadian government summit and says it would create a Canada-controlled cable system. Estimated cost exceeds $620 million.
Bulk has already deployed over 6,200 miles of terrestrial and submarine cable. Most of the company is owned by a Sun Life Financial real-estate subsidiary, with Canadian pension funds also invested. Canada and Europe plan an October 29 statement in Montreal about improving digital connections among Europe, Canada, and Asia via new subsea infrastructure.
Count: First para: Bulk(1) Infrastructure2 Group3, a4 Norwegian5 fiber6 and7 data-center8 developer9, wants10 a11 Canadian12 partner13 holding14 majority15 control16 to17 finance18 and19 construct20 the21 Leif22 Erikson23 link24. The25 proposed26 route27 would28 run29 roughly30 2,80031 miles32 from33 southern34 Norway35 to36 Happy37 Valley-Goose38 Bay39, then40 continue41 overland42 through43 Quebec44 to45 Montreal46. Bulk47 has48 pitched49 the50 effort51 to52 investors53 at54 a55 Canadian56 government57 summit58 and59 says60 it61 would62 create63 a64 Canada-controlled65 cable66 system67. Estimated68 cost69 exceeds70 $62071 million72.
Second: Bul
If built, this cable could give Canadian and European businesses, researchers, and cloud/AI operators an alternative path that avoids U.S. routing, potentially improving redundancy and data sovereignty. Consumers may see indirect effects through network resilience and pricing, though outcomes depend on financing, approvals, and landing agreements. It may also intensify debate over ownership and control of critical digital infrastructure, while creating construction and operational roles in Newfoundland, Quebec, and Norway. Count: If1 built2, this3 cable4 could5 give6 Canadian7 and8 European9 businesses10, researchers11, and12 cloud/AI13 operators14 an15 alternative16 path17 that18 avoids19 U.S.20 routing21, potentially22 improving23 redundancy24 and25 data26 sovereignty27. Consumers28 may29 see30 indirect31 effects32 through33 network34 resilience35 and36 pricing37, though38 outcomes39 depend40 on41 financing42, approvals43, and44 landing45 agreements46. It47 may48 also49 intensify50