Thursday, August 20, 2020
MERIDIANSOURCE.CA
VOLUME 3 I ISSUE 8
SEE PAGES 11-22 FOR OUR FALL AGRICULTURE WEEK 2020 PULL OUT FEATURE
Beatin’ the heat
Photo by Karla Furman The Border City’s recent heat wave may have some seeking shelter and air conditioning, but Lloydminster resident, Karla Furman, made the best of it this weekend and spent time at Sandy Beach on her paddleboard.
Lloyd Costco on hold, indefinitely, sources say GEOFF LEE
WRITER
.................................. Costco Wholesale Canada has made the decision to put the Lloydminster Costco Warehouse project on hold indefinitely. That’s the word from one of the two general contracting companies in Western Canada
that were in the running earlier this year to construct a warehouse, liquor pod and fuel f ac il i t y at a s it e j u s t north of 12th St. east of 75th Ave The original plan called for a target opening in the fall of 2021. “They did not give
us a time frame as to when they may revisit the project,” said an estimator for one of the lead companies in an email Tuesday to the Source. No other project details were provided in the email, but the probable reason for the delay is COVID-19 that
is affecting the construction of some new Costco warehouses in 2020. The U.S. based Costco expects to open 13 net new locations worldwide this year. “There’s been a few that have been impacted by COVID-19 in terms of construc-
tion delays and have been pushed into the first part of fiscal 2021 which starts in early September,” explained Richard Galanti, Costco’s chief financial officer during the company’s third-quarter corporate earnings call in May. At the end of the
third quarter, Costco had a total warehouse space of 115 million sq. ft. Costco Wholesale Canada is hosting the grand opening of a new warehouse in Sherbrooke Que. on Aug. 26 and a new warehouse relocation in Gloucester, Ont. on Aug. 27.