Walmart Canada to Spend $6.5B Over Five Years on New Stores, Sells Fleet Business

Walmart Canada to Spend $6.5B Over Five Years on New Stores, Sells Fleet Business
Employees are seen working at a Walmart in Vaughan, Ont., on July 2, 2024. The Canadian Press/Christopher Katsarov
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Walmart Canada says it will spend $6.5 billion over the next five years as it opens dozens of new stores.

The retailer says the investment is the largest it has made since it entered Canada 30 years ago, but wouldn’t say exactly how many locations it will span.