Editing Walmart (section)

==== Canada ====
{{Main|Walmart Canada}}

[[File:RichmondHillWalmart.jpg|thumb|Walmart Supercentre in [[Richmond Hill, Ontario]], Canada in September 2017|alt=]]

Walmart has operated in Canada since it acquired 122&nbsp;stores comprising the [[Woolco]] division of [[F.&nbsp;W. Woolworth Company|Woolworth Canada, Inc]] on January 14, 1994.<ref>{{cite web|url=https://www.cbc.ca/archives/when-walmart-set-its-sights-on-the-canadian-market-1.5418192|title=When Walmart set its sights on the Canadian market|work=[[Canadian Broadcasting Corporation|CBC Archives]]|date=January 14, 1994|access-date=January 14, 2020|archive-date=October 30, 2021|archive-url=https://web.archive.org/web/20211030021318/https://www.cbc.ca/archives/when-walmart-set-its-sights-on-the-canadian-market-1.5418192|url-status=live}}</ref> {{As of|2022|10|31|df=US|post=,}} it operates 402&nbsp;locations (including 343&nbsp;supercentres and 59 discount stores)<ref name="Unit Counts & Square Footage"/><ref name="Unit Counts by Country"/> and, {{as of|2015|June|df=US|lc=y|post=,}} it employs 89,358 people, with a local home office in [[Mississauga]], Ontario.<ref name="WalmartCanada">{{cite web |title = Walmart Canada: Corporate Information |url = http://walmartcanada.ca/Pages/About%20Us/168/168/168?lang=en |publisher = Walmart |access-date = January 19, 2014 |archive-url = https://web.archive.org/web/20121004202059/http://walmartcanada.ca/Pages/About%20Us/168/168/168?lang=en |archive-date = October 4, 2012 }}</ref> Walmart Canada's first three Supercentres (spelled in [[Canadian English]]) opened in November 2006 in [[Ancaster, Ontario|Ancaster]], [[London, Ontario|London]], and [[Stouffville, Ontario|Stouffville]], Ontario.<ref>{{Cite web|url=https://www.cbc.ca/news/wal-mart-unveils-plans-to-open-up-to-14-supercentres-in-2007-1.572886|archive-url=https://web.archive.org/web/20121114024143/http://www.cbc.ca/news/story/2006/11/07/wawlmart-superstores.html|url-status=live|archive-date=November 14, 2012|title=Wal-Mart unveils plans to open up to 14 supercentres in 2007 – CBC News|date=November 14, 2012|access-date=April 1, 2018}}</ref>

In 2010, approximately one year after its incorporation of Schedule 2 (foreign-owned, deposit-taking) of Canada's ''[[Bank Act (Canada)|Bank Act]]'',<ref>{{cite web|url=http://www.gazette.gc.ca/rp-pr/p1/2009/2009-08-08/html/notice-avis-eng.html|title= Canada Gazette – Government Notices|archive-url=https://web.archive.org/web/20101220034007/http://www.gazette.gc.ca/rp-pr/p1/2009/2009-08-08/html/notice-avis-eng.html |archive-date=December 20, 2010 }}</ref> Walmart Canada Bank was introduced with the launch of the Walmart (Canada) Rewards MasterCard.<ref name="walmart_canada_bank">{{cite news |title = Walmart Canada Bank launches Walmart Rewards MasterCard |url = http://smr.newswire.ca/en/walmart-canada-bank/walmart-canada-bank-launches-walmart-rewards-mastercard |access-date = June 29, 2011 |newspaper = newswire.ca |date = June 15, 2010 |url-status=dead |archive-url = https://web.archive.org/web/20100621125620/http://smr.newswire.ca/en/walmart-canada-bank/walmart-canada-bank-launches-walmart-rewards-mastercard |archive-date = June 21, 2010 }}</ref> Less than ten years later, however, on May 17, 2018, Wal-Mart Canada announced it had reached a definitive agreement to sell Wal-Mart Canada Bank to [[First National Financial Corporation|First National]] co-founder Stephen Smith and private equity firm [[Centerbridge Partners|Centerbridge Partners, L.P.]], on undisclosed financial terms, though it added that it would still be issuer of the Walmart (Canada) Rewards MasterCard.<ref>{{cite news|url=https://www.ctvnews.ca/business/walmart-sells-canadian-banking-operation-to-u-s-firm-canadian-financier-1.3935092|title=Walmart sells Canadian banking operation to U.S. firm, Canadian financier|date=May 17, 2018|agency=The Canadian Press|access-date=August 26, 2019|publisher=CTV News Online|archive-date=December 7, 2020|archive-url=https://web.archive.org/web/20201207023705/https://www.ctvnews.ca/business/walmart-sells-canadian-banking-operation-to-u-s-firm-canadian-financier-1.3935092|url-status=live}}</ref>

On April 1, 2019, [[Centerbridge Partners|Centerbridge Partners, L.P.]] and Stephen Smith jointly announced the closing of the previously announced acquisition of Wal-Mart Canada Bank and that it was to be renamed Duo Bank of Canada, to be styled simply as Duo Bank.<ref>{{cite web|url=https://www.newswire.ca/news-releases/stephen-smith-and-centerbridge-partners-l-p-complete-acquisition-of-walmart-canada-bank-847394003.html|title=Stephen Smith and Centerbridge Partners, L.P. Complete Acquisition of Walmart Canada Bank|date=April 1, 2019|website=Canada Newswire|publisher=CISION|access-date=August 26, 2019|archive-date=October 8, 2020|archive-url=https://web.archive.org/web/20201008210929/https://www.newswire.ca/news-releases/stephen-smith-and-centerbridge-partners-l-p-complete-acquisition-of-walmart-canada-bank-847394003.html|url-status=live}}</ref><ref>{{cite web |title=Duo Bank |url=https://www.duobank.com/ |access-date=August 26, 2019 |archive-date=October 21, 2020 |archive-url=https://web.archive.org/web/20201021045414/https://www.duobank.com/ |url-status=live }}</ref> Though exact ownership percentages were never revealed in either company announcement, it has also since been revealed that Duo Bank was reclassified as a Schedule 1 (domestic, deposit-taking)<ref>{{cite web |title=Our Services |url=https://www.duobank.com/our-services/ |website=Duo Bank |access-date=August 26, 2019 |archive-date=October 21, 2020 |archive-url=https://web.archive.org/web/20201021035426/https://www.duobank.com/our-services/ |url-status=live }}</ref><ref name="osfi-wwr">{{cite web |title=Who We Regulate |date=October 30, 2012 |url=http://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/wwr-er.aspx?sc=1&gc=1&ic=1#WWRLink111 |publisher=Office of the Superintendent of Financial Institutions |access-date=August 26, 2019 |archive-date=December 22, 2020 |archive-url=https://web.archive.org/web/20201222171549/https://www.osfi-bsif.gc.ca/Eng/wt-ow/Pages/wwr-er.aspx?sc=1&gc=1&ic=1#WWRLink111 |url-status=live }}</ref> federally chartered bank of the ''[[Bank Act (Canada)|Bank Act]]'' in Canada from the Schedule 2 (foreign-owned or -controlled, deposit-taking)<ref name="osfi-wwr"/> that it had been, which indicates that Stephen Smith, as a noted Canadian businessman, is in a [[Controlling interest|controlling]] position.