Walmart Canada announced a $6.5 billion investment over the next five years, marking the largest investment since entering Canada 30 years ago. The investment will see the opening of dozens of new stores across Canada, including locations in Ontario, Alberta, and a new distribution centre in Vaughan, Ontario. The retailer also announced the sale of its fleet service to Canada Cartage, ensuring no job losses for employees as Canada Cartage will absorb the workforce.
TORONTO — Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores.
It says new stores in Port Credit and Oakville, Ont., will open later this year, while a distribution centre in Vaughan, Ont., is also expected to launch in 2025. Three new stores Calgary, Edmonton and Fort McMurray, Alta., are due to open by 2027.
Retail Investments Expansion Fleet Service Canada Cartage
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