Costco Wholesale Corporation opened its eighth Canadian Business Centre on November 14, 2025, at 1085 Tanaka Court in New Westminster, British Columbia. The 146,000‑square‑foot facility sits north of Highway 91A near Boyd Street and is designed to serve the needs of local businesses with a dedicated space for bulk purchases and services.
The new centre is expected to create 290 local jobs, providing employment opportunities in the region and strengthening Costco’s role as a key partner for small and medium‑sized enterprises. The facility’s size and location place it in a high‑density market, allowing Costco to capture a larger share of the B2B segment that has been growing faster than its consumer business in Canada.
Costco’s decision to open this centre reflects a broader strategy to deepen its presence in Canada’s high‑density markets and to diversify revenue streams beyond consumer sales. By offering a dedicated business‑center location, Costco can provide tailored services—such as bulk pricing, specialized inventory, and extended hours—to business members, thereby increasing customer loyalty and sales volume in a segment that is less price‑sensitive than retail shoppers.
The opening also has a tangible impact on the local economy. The 290 jobs range from warehouse operations to customer service, and the centre’s presence is expected to stimulate demand for local suppliers and support the growth of nearby restaurants, retailers, and service providers that rely on Costco’s bulk purchasing options.
With this addition, Costco now operates eight business centres across Canada, complementing its existing network of 20+ warehouses. The expansion signals the company’s confidence in the Canadian B2B market and its commitment to long‑term growth through strategic investments in high‑density regions.
The move positions Costco to capture additional revenue from business‑to‑business sales, supporting long‑term growth prospects and reinforcing its competitive advantage in Canada’s wholesale market. By expanding its B2B footprint, Costco is better positioned to serve a broader customer base while maintaining the cost efficiencies that underpin its business model.
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