Toronto waterfront set for "ultra-broadband"

One of Toronto's newest neighborhoods will start life with some of the fastest Internet connections in the world as developers tempt bandwidth-hungry residents and business into the one-time industrial wasteland.

Modeled on similar undertakings in Seoul, Tokyo, Stockholm, London and Paris, the new area on the shores of Lake Ontario will offer Internet connections that are 500 times faster than a typical North American household link, meaning it will take seconds to download or edit a movie. Developers say the new Internet connections will offer speeds of up to 10 gigabits a second for businesses or 100 megabits for residential use, a crucial draw for the residential and commercial space planned for the mostly disused industrial land to the east of downtown Toronto.