As filed with the Securities and Exchange Commission on May 4, 2001
                                                      Registration No. 333-_____


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                       AT&T CANADA INC., formerly known as
                          METRONET COMMUNICATIONS CORP.
             (Exact name of registrant as specified in its charter)

            Canada                                              43-1656187
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)


                           200 Wellington Street West
                                Toronto, Ontario
                                 Canada M5V 3G2
                                 (416) 345-2000

               (Address, including zip code, and telephone number,
            including area code, of registrant's principal executive offices)



            AT&T Canada Inc. Amended 1999 Employee Stock Option Plan

                              (Full Titles of Plan)


                                Stewart A. Berry
                                3916 Bokel Drive
                         Chantilley, Virginia 20151-3314
                                  (703)378-1650

                (Name, address, including zip code, and telephone
               number, including area code, of agent for service)


<TABLE>
<CAPTION>

                         CALCULATION OF REGISTRATION FEE


        Title of Each Class             Amount to be        Proposed maximum       Proposed maximum       Amount of
  of Securities to be Registered         registered        offering price per     aggregate offering     registration
                                                                unit (1)               price (1)             fee


<S>                                   <C>                        <C>                  <C>                   <C>
    Class B Deposit Receipts/Class    700,000 Class B            $29.96               $20,972,000           $5,243
    B Non-Voting Shares,              Deposit
    no par value per share  (2)...    Receipts/Class B
                                      Non-Voting
                                      Shares (3)
</TABLE>

(1)  These figures are estimates made solely for the purpose of calculating  the
     registration  fee pursuant to Rule 457 under the Securities Act of 1933, as
     amended.  The  registration fee has been calculated in accordance with Rule
     457(h)(1)  based  upon  the  average  of the bid and  asked  prices  of the
     Registrant's  Class B Deposit  Receipts  on the Nasdaq  National  Market on
     April 27,  2001.

(2)  The Class B Deposit  Receipts  represent  a  beneficial  interest in the in
     theClass B Non-Voting Shares. Class B Non-Voting Shares may also be issued.

(3)  Consists  of 700,000  Class B  Non-Voting  Shares  issuable  under the AT&T
     Canada Inc.  Amended 1999  Employee  Stock Option Plan.

This  Registration  Statement  shall become  effective upon filing with the
Commission in accordance  with Section 8(a) of the Securities Act, and Rules 456
and 462 promulgated thereunder.

This Registration  Statement on Form S-8 registers additional  securities of the
same class as other  securities for which a  registration  statement on Form S-8
relating to the AT&T Canada Inc. Amended and Restated 1995 Employee Stock Option
Plan, Employee Share Purchase Plan for the Employees of AT&T Canada Inc. and the
AT&T Canada Inc.  1999  Employee  Stock Option Plan is  effective.  Accordingly,
pursuant to General  Instruction  E to Form S-8,  the  contents of  Registration
Statement No. 333-1078 registering shares under the AT&T Canada Inc. Amended and
Restated 1995 Employee  Stock Option Plan,  Employee Share Purchase Plan for the
Employees  of AT&T Canada Inc.  and the AT&T Canada  Inc.  1999  Employee  Stock
Option Plan filed with the  Commission  on  September 7, 1999,  is  incorporated
herein by reference.

Item 5.    Interests of Named Experts and Counsel


     The validity of the Class B Non-Voting  Shares and Class B Deposit Receipts
offered hereby have been passed upon on behalf of the Company by Osler, Hoskin &
Harcourt, Toronto and Ottawa, Ontario.

     The Company's consolidated balance sheets as at December 31, 2000 and 1999,
and the consolidated statements of operations and deficit and cash flows for the
years  ended  December  31,  2000,  1999 and 1998 have been  included  herein in
reliance  upon  the  report  of KPMG  LLP,  independent  Chartered  Accountants,
appearing  elsewhere  herein,  and upon the authority of said firm as experts in
accounting and auditing.


Item 8.    Exhibits and Financial Statement Schedules.
           ------------------------------------------

      (a)  Exhibits:

  Exhibit
                         Number Description of Document

  * 4.1    AT&T Canada Inc. 1999 Employee Stock Option Plan, as amended
  * 5.1    Opinion of Osler,  Hoskin & Harcourt regarding legality of securities
           being registered.
 * 23.1    Consent of KPMG LLP.
 * 23.2    Consent of Osler, Hoskin & Harcourt (included in Exhibit 5.1 to this
           Registration  Statement).
 * 24.1    Power of Attorney  (included on signature pages of this Registration
           Statement).

 *Filed herewith.



                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Act of 1933,  AT&T Canada
Inc.  certifies that it has  reasonable  grounds to believe that it meets all of
the  requirements  for filing on Form S-8 and has duly caused this  Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized, in Toronto, Ontario, Canada, on this 4th day of May, 2001.

                                         AT&T CANADA INC.

                                         By: /s/ David Lazzarato
                                             ---------------------
                                             David Lazzarato
                                             Executive Vice President
                                             and Chief Financial Officer


                                POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS,  that each person whose  signature  appears
below  constitutes  and appoints  Scott Ewart and David  Lazzarato,  and each of
them,  his true and  lawful  attorneys-in-fact  and  agents,  with full power of
substitution and resubstitution, for him and in his name, place and stead in any
and all capacities, to sign any or all amendments to this Registration Statement
on Form S-8 (including  post-effective  amendments),  and to file the same, with
all exhibits  thereto,  and other  documents in  connection  therewith  with the
Securities and Exchange  Commission,  granting unto said  attorneys-in-fact  and
agents full power and  authority  to do and perform each and every act and thing
requisite and  necessary to be done in and about the  premises,  as fully and to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming  that said  attorneys-in-fact  and  agents,  or their  substitute  or
substitutes, may lawfully do or cause to be done by virtue hereof.

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.
<TABLE>
<CAPTION>

                  Signature                                       Title                          Date

<S>                                                                                               <C>
/s/ John T. McLennan                                Chief Executive Officer and               May 4, 2001
---------------------------------------------       Vice-Chairman
John T. McLennan                                    (Principal Executive Officer)

/s/ David Lazzarato                                 Executive Vice President and Chief        May 4, 2001
---------------------------------------------       Financial Officer (Principal Financial
David Lazzarato                                     Officer)

/s/ Don Welham                                      Vice President, Controller (Principal     May 4, 2001
---------------------------------------------       Accounting Officer)
Don Welham
                                                    Director                                  May 4, 2001
---------------------------------------------
Andre Bureau

/s/ Steven B. Chisholm                              Director                                  May 4, 2001
---------------------------------------------
Steven B. Chisholm

/s/ Purdy Crawford                                  Director                                  May 4, 2001
---------------------------------------------
Purdy Crawford

                                                    Director                                  May 4, 2001
---------------------------------------------
John Haigh

/s/ Stephen H. Halperin                             Director                                  May 4, 2001
---------------------------------------------
Stephen H. Halperin

/s/ Alan D. Horn                                    Director                                  May 4, 2001
---------------------------------------------
Alan D. Horn

/s/ Philip R. Ladouceur                             Director                                  May 4, 2001
---------------------------------------------
Philip R. Ladouceur

/s/ James J. Meenan                                 Director                                  May 4, 2001
---------------------------------------------
James J. Meenan

/s/ Jonathan M. Nelson                              Director                                  May 4, 2001
---------------------------------------------
Jonathan M. Nelson

/s/ Edward S. Rogers, Q.C.                          Director                                  May 4, 2001
---------------------------------------------
Edward S. Rogers, Q.C.

Paul J. Salem                                       Director                                  May 4, 2001

/s/ D. Craig Young                                  Director                                  May 4, 2001
---------------------------------------------
D. Craig Young

</TABLE>



                            AUTHORIZED REPRESENTATIVE

     Pursuant to the requirements of Section 6(a) of the Securities Act of 1933,
the Authorized  Representative has duly caused this Registration Statement to be
signed on its  behalf by the  undersigned,  solely in his  capacity  as the duly
authorized representative of AT&T Canada Inc., in the United States, in the City
of Chantilley, Virginia on May 4, 2001.



                                     /s/ Stewart A. Berry
                                     ----------------------------
                                     Stewart A. Berry, Authorized Representative




                                  EXHIBIT INDEX


* 5.1    Opinion of Osler,  Hoskin & Harcourt regarding legality of securities
         being registered.
* 23.1   Consent  of KPMG LLP.
* 23.2   Consent of Osler, Hoskin & Harcourt (included in Exhibit 5.1 to this
         Registration  Statement).
* 24.1   Power of Attorney  (included on signature pages of this Registration
         Statement).

*Filed herewith.
[{"type": "S-8", "sequence": "1", "filename": "s8427267.txt", "description": "AT&T CANADA FORM S-8", "secsgml_size_bytes": 11740}]
{"company-data": {"conformed-name": "AT&T CANADA INC", "cik": "0001045359", "assigned-sic": "4813", "irs-number": "431656187", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-60288", "film-number": "1623261"}, "business-address": {"street1": "SUITE 1600, 200WELLINGTON STREET WEST", "street2": "TORONTO ONTARIO CANADA", "city": "CALGARY ALBERTA", "state": "A0", "phone": "4032622255"}, "former-company": {"former-conformed-name": "METRONET COMMUNICATIONS CORP", "date-changed": "19970903"}}
As filed with the Securities and Exchange Commission on May 4, 2001
                                                      Registration No. 333-_____

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                       AT&T CANADA INC., formerly known as
                          METRONET COMMUNICATIONS CORP.
             (Exact name of registrant as specified in its charter)

            Canada                                              43-1656187
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

                           200 Wellington Street West
                                Toronto, Ontario
                                 Canada M5V 3G2
                                 (416) 345-2000

               (Address, including zip code, and telephone number,
            including area code, of registrant's principal executive offices)

            AT&T Canada Inc. Amended 1999 Employee Stock Option Plan

                              (Full Titles of Plan)

                                Stewart A. Berry
                                3916 Bokel Drive
                         Chantilley, Virginia 20151-3314
                                  (703)378-1650

                (Name, address, including zip code, and telephone
               number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE

        Title of Each Class             Amount to be        Proposed maximum       Proposed maximum       Amount of
  of Securities to be Registered         registered        offering price per     aggregate offering     registration
                                                                unit (1)               price (1)             fee
Class B Deposit Receipts/Class    700,000 Class B            $29.96               $20,972,000           $5,243
    B Non-Voting Shares,              Deposit
    no par value per share  (2)...    Receipts/Class B
                                      Non-Voting
                                      Shares (3)
(1)  These figures are estimates made solely for the purpose of calculating  the
     registration  fee pursuant to Rule 457 under the Securities Act of 1933, as
     amended.  The  registration fee has been calculated in accordance with Rule
     457(h)(1)  based  upon  the  average  of the bid and  asked  prices  of the
     Registrant's  Class B Deposit  Receipts  on the Nasdaq  National  Market on
     April 27,  2001.

(2)  The Class B Deposit  Receipts  represent  a  beneficial  interest in the in
     theClass B Non-Voting Shares. Class B Non-Voting Shares may also be issued.

(3)  Consists  of 700,000  Class B  Non-Voting  Shares  issuable  under the AT&T
     Canada Inc.  Amended 1999  Employee  Stock Option Plan.

This  Registration  Statement  shall become  effective upon filing with the
Commission in accordance  with Section 8(a) of the Securities Act, and Rules 456
and 462 promulgated thereunder.

This Registration  Statement on Form S-8 registers additional  securities of the
same class as other  securities for which a  registration  statement on Form S-8
relating to the AT&T Canada Inc. Amended and Restated 1995 Employee Stock Option
Plan, Employee Share Purchase Plan for the Employees of AT&T Canada Inc. and the
AT&T Canada Inc.  1999  Employee  Stock Option Plan is  effective.  Accordingly,
pursuant to General  Instruction  E to Form S-8,  the  contents of  Registration
Statement No. 333-1078 registering shares under the AT&T Canada Inc. Amended and
Restated 1995 Employee  Stock Option Plan,  Employee Share Purchase Plan for the
Employees  of AT&T Canada Inc.  and the AT&T Canada  Inc.  1999  Employee  Stock
Option Plan filed with the  Commission  on  September 7, 1999,  is  incorporated
herein by reference.

Item 5.    Interests of Named Experts and Counsel

     The validity of the Class B Non-Voting  Shares and Class B Deposit Receipts
offered hereby have been passed upon on behalf of the Company by Osler, Hoskin &
Harcourt, Toronto and Ottawa, Ontario.

     The Company's consolidated balance sheets as at December 31, 2000 and 1999,
and the consolidated statements of operations and deficit and cash flows for the
years  ended  December  31,  2000,  1999 and 1998 have been  included  herein in
reliance  upon  the  report  of KPMG  LLP,  independent  Chartered  Accountants,
appearing  elsewhere  herein,  and upon the authority of said firm as experts in
accounting and auditing.

Item 8.    Exhibits and Financial Statement Schedules.
           ------------------------------------------

      (a)  Exhibits:

  Exhibit
                         Number Description of Document

  * 4.1    AT&T Canada Inc. 1999 Employee Stock Option Plan, as amended
  * 5.1    Opinion of Osler,  Hoskin & Harcourt regarding legality of securities
           being registered.
 * 23.1    Consent of KPMG LLP.
 * 23.2    Consent of Osler, Hoskin & Harcourt (included in Exhibit 5.1 to this
           Registration  Statement).
 * 24.1    Power of Attorney  (included on signature pages of this Registration
           Statement).

 *Filed herewith.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Act of 1933,  AT&T Canada
Inc.  certifies that it has  reasonable  grounds to believe that it meets all of
the  requirements  for filing on Form S-8 and has duly caused this  Registration
Statement  to be  signed  on its  behalf  by  the  undersigned,  thereunto  duly
authorized, in Toronto, Ontario, Canada, on this 4th day of May, 2001.

                                         AT&T CANADA INC.

                                         By: /s/ David Lazzarato
                                             ---------------------
                                             David Lazzarato
                                             Executive Vice President
                                             and Chief Financial Officer

                                POWER OF ATTORNEY

     KNOW ALL MEN BY THESE PRESENTS,  that each person whose  signature  appears
below  constitutes  and appoints  Scott Ewart and David  Lazzarato,  and each of
them,  his true and  lawful  attorneys-in-fact  and  agents,  with full power of
substitution and resubstitution, for him and in his name, place and stead in any
and all capacities, to sign any or all amendments to this Registration Statement
on Form S-8 (including  post-effective  amendments),  and to file the same, with
all exhibits  thereto,  and other  documents in  connection  therewith  with the
Securities and Exchange  Commission,  granting unto said  attorneys-in-fact  and
agents full power and  authority  to do and perform each and every act and thing
requisite and  necessary to be done in and about the  premises,  as fully and to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming  that said  attorneys-in-fact  and  agents,  or their  substitute  or
substitutes, may lawfully do or cause to be done by virtue hereof.

     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.
Signature                                       Title                          Date
/s/ John T. McLennan                                Chief Executive Officer and               May 4, 2001
---------------------------------------------       Vice-Chairman
John T. McLennan                                    (Principal Executive Officer)

/s/ David Lazzarato                                 Executive Vice President and Chief        May 4, 2001
---------------------------------------------       Financial Officer (Principal Financial
David Lazzarato                                     Officer)

/s/ Don Welham                                      Vice President, Controller (Principal     May 4, 2001
---------------------------------------------       Accounting Officer)
Don Welham
                                                    Director                                  May 4, 2001
---------------------------------------------
Andre Bureau

/s/ Steven B. Chisholm                              Director                                  May 4, 2001
---------------------------------------------
Steven B. Chisholm

/s/ Purdy Crawford                                  Director                                  May 4, 2001
---------------------------------------------
Purdy Crawford

                                                    Director                                  May 4, 2001
---------------------------------------------
John Haigh

/s/ Stephen H. Halperin                             Director                                  May 4, 2001
---------------------------------------------
Stephen H. Halperin

/s/ Alan D. Horn                                    Director                                  May 4, 2001
---------------------------------------------
Alan D. Horn

/s/ Philip R. Ladouceur                             Director                                  May 4, 2001
---------------------------------------------
Philip R. Ladouceur

/s/ James J. Meenan                                 Director                                  May 4, 2001
---------------------------------------------
James J. Meenan

/s/ Jonathan M. Nelson                              Director                                  May 4, 2001
---------------------------------------------
Jonathan M. Nelson

/s/ Edward S. Rogers, Q.C.                          Director                                  May 4, 2001
---------------------------------------------
Edward S. Rogers, Q.C.

Paul J. Salem                                       Director                                  May 4, 2001

/s/ D. Craig Young                                  Director                                  May 4, 2001
---------------------------------------------
D. Craig Young
AUTHORIZED REPRESENTATIVE

     Pursuant to the requirements of Section 6(a) of the Securities Act of 1933,
the Authorized  Representative has duly caused this Registration Statement to be
signed on its  behalf by the  undersigned,  solely in his  capacity  as the duly
authorized representative of AT&T Canada Inc., in the United States, in the City
of Chantilley, Virginia on May 4, 2001.

                                     /s/ Stewart A. Berry
                                     ----------------------------
                                     Stewart A. Berry, Authorized Representative

                                  EXHIBIT INDEX

* 5.1    Opinion of Osler,  Hoskin & Harcourt regarding legality of securities
         being registered.
* 23.1   Consent  of KPMG LLP.
* 23.2   Consent of Osler, Hoskin & Harcourt (included in Exhibit 5.1 to this
         Registration  Statement).
* 24.1   Power of Attorney  (included on signature pages of this Registration
         Statement).

*Filed herewith.