Based in Toronto, Ontario, Lowe’s opened its three first stores in Canada on December 10, 2007, in Hamilton, Brampton and Brantford. On February 1, 2008, Lowe’s Canada Flyer opened three more stores in Toronto, East Gwillimbury, and a second store in Brampton, as well as a new place to Maple (Vaughan). Currently, shops are under construction, with 19 now open in the province of Ontario. Expansion also recently announced Lowe’s in Western Canada, starting with three new stores in Calgary, Alberta. One of the three countries was opened in late September 2010. Two others opened in early 2011. There are now stores in British Columbia and Saskatchewan. To date (2013) Lowe’s has 33 locations in Canada. Each store represents an average investment of $ 20.5 million ($ 20.4 million USD).
In 2012, Lowe’s tried to buy Rona, Inc., a Quebec-based chain of hardware; However, the agreement was met with opposition from shareholders Rona (especially the Caisse de dépôt et placement du Quebec) and networks of its franchised over concerns that the company may centralize its operations to supply the United States, and called finally out. On February 3, 2016, RONA announced that it had accepted an flyer to be acquired by Lowe’s for CDN $ 3.2 billion, pending regulatory and shareholder approval. The division will remain under the leadership of Sylvain Prud’homme, but will be operated by Rona in Boucherville headquarters. Lowe’s plans to keep retail banners of rona, the directors of “key”, and “most of its current employees” after the acquisition.