Canada: Home Depot stores 2023, by province

There were 182 Home Depot stores across Canada as of 2022. Ontario was home to 88, the most stores by far. Alberta and British Columbia were ranked in second and third places, with 27 and 26 stores located in each province respectively.

Home Depot origins

Home Depot, the American home improvement retailer, was founded in 1978. The company’s original aim was to build retail superstores larger than any of their competitors and the first two stores were opened in Atlanta, Georgia in the next year. In 1981, the retailer branched out of Georgia and began to open more stores in different states and later entered neighboring markets. By the end of the fiscal year 2022, Home Depot operated over 2,300 big-box home improvement stores across North America.

The Canadian home improvement market

Canadian home improvement industry sales have mostly witnessed year-on-year growth, predicted to reach around 62 billion Canadian dollars in 2023. When it comes to retailers, Home Depot was the industry leader in terms of annual sales. In 2022, Home Depot brought in approximately 12 billion Canadian dollars of sales. Home Hardware Stores and Canadian Tire Retail follow in second and third places, with sales of 9.4 and 8.1 billion Canadian dollars respectively in that year.