Walmart Canada will invest C$6.5bn ($4.5bn) up to 2029 to accelerate its growth trajectory.

The retailer will establish numerous new stores nationwide, beginning with five Supercentres in Ontario and Alberta which are set for completion by 2027.  

The Port Credit Supercentre in Mississauga is set to debut in the summer of 2025. It will offer a comprehensive selection of products at competitive prices, positioning itself as a convenient one-stop shopping destination. 

Another notable project is the Oakville Supercentre at Hopedale Mall, expected to open in late 2025. The location will feature a full range of fresh produce and general merchandise, and a licensed pharmacist.

In Alberta, three new Supercentres will launch by 2027 in Calgary, Edmonton and Fort McMurray.  

The Vaughan distribution centre, Walmart Canada's most advanced facility, will open in spring 2025.  

Emphasising the significance of this investment, Walmart Canada, Chile, Mexico and Central America regional CEO Gui Loureiro stated: “This C$6.5bn investment is the largest we’ve made in Canada towards expanding our footprint since we first arrived here 30 years ago. 

“And as Gonzalo Gebara finishes his last few weeks as president and CEO of Walmart Canada, before returning home to Argentina, I want to thank him for his strong leadership and vision in driving these growth plans.” 

Walmart Canada has partnered with fleet services provider Canada Cartage, selling its fleet business to the transporter.

Walmart Canada supply chain vice-president Matt Kelly said: “Through Canada Cartage we can serve customers even better and more flexibly and provide fleet employees with exciting growth opportunities at one of Canada’s largest and most trusted supply chain service providers.” 

The latest announcement follows Walmart Canada's completion of a C$3.5bn investment initiated in 2020.  

The company has modernised more than 180 stores and transformed its Mississauga-Square One Supercentre into a flagship location. The retailer also opened four new stores, including in Victoria and Montreal, while relocating two stores in Edmonton and Vaughan. 

Walmart Canada has invested more than C$800m into establishing distribution centres including those in Cornwall and Surrey.  

In 2024 alone, it allocated C$200m for wage increases for frontline workers. 

In November, Walmart Canada declared a C$46m ($32m) investment aimed at increasing pay and enhancing benefits for eligible supply chain associates.