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Mississauga, Canada – Walmart Canada has unveiled a transformative $6.5 billion investment plan over the next five years, marking its largest commitment to growth since entering the Canadian market 30 years ago. The ambitious strategy includes building dozens of new stores, modernizing its supply chain, and enhancing support for its associates.
The first phase of the expansion will see five new Supercentres open in Ontario and Alberta by 2027. The Port Credit Walmart Supercentre in Mississauga, Ontario, is set to open in the summer of 2025, offering a full range of products at everyday low prices. Later that year, the Oakville Walmart Supercentre at Hopedale Mall will launch, featuring fresh produce, groceries, general merchandise, and pharmacy services. Three additional Supercentres in Calgary, Edmonton, and Fort McMurray, Alberta, are expected to open by 2027.
“From online to in-store, we’re making strategic investments to be more relevant than ever,” said Joe Schrauder, Chief Operations Officer, Walmart Canada. With this landmark investment, the company is poised to strengthen its presence nationwide.
Walmart Canada is also revolutionizing its supply chain, opening the Vaughan Distribution Centre in spring 2025. This state-of-the-art facility is part of the company’s mission to modernize its operations and better serve customers nationwide.
Walmart Canada has entered into a deal to transfer its fleet operations to Canada Cartage, the largest fleet services provider in the country. This collaboration is designed to improve flexibility and service quality while providing new growth opportunities for fleet employees.
"Canada Cartage has deep expertise in dedicated fleet services, and through this partnership, we can serve customers more efficiently while providing our fleet employees with new growth opportunities," said Matt Kelly, Vice President of Supply Chain, Walmart Canada.
This 6.5 $billion announcement follows the completion of Walmart Canada’s $3.5 billion investment initiative launched in 2020, which led to:
- The modernization of over 180 stores, including the transformation of Mississauga’s Square One location into a flagship Supercentre.
- The opening of four new stores, including sites in Victoria, Montreal, Edmonton, and Vaughan.
- Over $800 million invested in distribution centers, including those in Cornwall, Surrey, Moncton, and the soon-to-open Vaughan facility.
“This $6.5 billion investment is a testament to our commitment to serving Canadians better and differently than ever before,” said Gui Loureiro, Regional CEO of Walmart Canada, Chile, Mexico, and Central America. He also acknowledged outgoing President & CEO Gonzalo Gebara's leadership in driving these growth plans.
Walmart Canada is also prioritizing its workforce, investing nearly $200 million in wage increases for frontline workers in 2024. The company remains focused on attracting and retaining talent through competitive wages, benefits, and training programs.
“We’re proud to invest in our associates and build the workforce of the future,” said AnnMarie Mercer, Chief People Officer at Walmart Canada.