Background
He was born in Toronto, Ontario and raised in Etobicoke, Ontario.
He was born in Toronto, Ontario and raised in Etobicoke, Ontario.
He is the identical twin brother of National Hockey League defenceman Carlo Colaiacovo. Colaiacovo played in the Ontario Hockey League with the Barrie Colts. He joined the Colorado Eagles in the Central Hockey League in 2004, and missed over half the season because of injury, but returned to the team late in the 2004-2005 season to netmind the team through winning the Ray Miron President"s Cup.
In the summer of 2006, it was rumored that Colaiacovo was considering retirement, but he said his break was to heal from injuries and "to take some time off so could pursue career a lot longer".
Colaiacovo rejoined the Eagles on the ice in 2007, but later left Colorado to play in the Netherlands. After winning both the National Cup and Dutch Championship with Tilburg Trappers, Paulo returned to Canada to play for the Toronto organization on a "black ace" contract.
On July 20, 2009, Colaiacovo signed a contract with the Bloomington PrairieThunder of the International Hockey League.