Walmart Canada is making a $6.5 billion investment over the next five years as the company plans to further accelerate growth in Canada, the company announced in a release. The retailer will open five new Supercentres in Ontario and Alberta by 2027 including Port Credit Walmart Supercentre and Oakville Walmart Super Centre, both slated for 2025.
Additional stores will open in Calgary, Edmonton and Fort McMurray in 2027. Meanwhile, The Vaughan Distribution Centre will open in the spring of this year. “This $6.5 billion investment is the largest we’ve made in Canada towards expanding our footprint since we first arrived here 30 years ago,” said Gui Loureiro, regional CEO, of Walmart Canada, Chile, Mexico, and Central America.
