Walmart Canada is excited to announce a landmark $6.5 billion investment (CAD) over the next five years as the company plans to further accelerate growth in Canada.
Walmart Canada will build dozens of new stores across the country, beginning with five new Supercentres in Ontario and Alberta by 2027:
“Walmart Canada is on an ambitious growth journey to serve even more Canadians – better and differently than ever before. 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, Walmart Canada, Chile, Mexico, and Central America. “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.”
Prioritizing Our Growth Agenda
As Walmart Canada looks to the future to continue delivering for customers across the country, it’s teaming up with another Canadian company that’s also in growth mode. According to Walmart Canada, the retailer is announcing it has signed an agreement with Canada Cartage—the country’s largest provider of fleet services to buy Walmart Canada’s fleet business.
“Canada Cartage has deep expertise in providing dedicated fleet services and has been serving Canadian businesses for more than 110 years,” said Matt Kelly, Vice President of Supply Chain, Walmart Canada. “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.”
Today’s announcements come as Walmart Canada closes off its historic $3.5 billion investment in Canada, announced in 2020, and celebrates the impact it’s had over the past four years which included:
“Across the country we’re making strategic investments in our online and in-store offerings to be more relevant to more customers than ever before. From newcomers and urbanites to higher-income Canadians, more customers are choosing Walmart for their shopping needs,” said Joe Schrauder, Chief Operations Officer, Walmart Canada
Investing In Associates
As a people-led, tech-powered company, investing in associates has been a critical focus for Walmart Canada.
In 2024, the company invested almost $200 million in wage increases for frontline workers, as part of its journey to invest in associates’ long-term success and growth through a combination of higher wages, leading benefit plans, skills training, and educational opportunities.
“We’re incredibly proud of how we’ve continued to invest in our people to help them grow with us as we better serve Canadians as a people-led, omnichannel retailer,” said AnnMarie Mercer, Chief People Officer, Walmart Canada. “These investments are ongoing and an important part of how we continue to attract and retain our amazing associates to build the workforce of the future.”