Canada: leading shopping malls 2019, by sales per square foot

In 2019, Yorkdale Shopping Centre in Toronto was the leading shopping mall in Canada by sales per square foot, reaching 1.96 thousand Canadian dollars per square foot. CF Pacific Centre in Vancouver followed, with nearly 1.87 thousand Canadian dollars per square foot.

Canada’s shopping malls panorama

With Yorkdale Shopping Centre in Toronto proving to be the best performance of the year in terms of sales per square foot in 2019, Canadians from Ontario demonstrated a clear fondness for shopping. Half of the leading shopping malls in 2019 were in the province— in fact, six of them were in Toronto alone. Yorkdale Shopping Centre caters to affluent and sophisticated shoppers in Toronto. The runner-up Pacific Centre, situated in downtown Vancouver, is one of the city’s main shopping attractions. Pacific Centre, along with several other malls on the list, are currently owned and managed by commercial real estate company Cadillac Fairview Corporation Limited.

Shopping mall operators in Canada

Cadillac Fairview and Oxford Properties are among the leading shopping center operators in Canada. Based on annual footfall, Cadillac Fairview’s Toronto Eaton Center was the leader, receiving over 52 million visits in 2019. Meanwhile, the group’s largest shopping center in terms of gross leasable area was in downtown Ottawa. Moreover, Oxford Properties Group’s largest mall was the 6000 Boulevard de Rome. Comprising of three million square feet of gross leasable area, this shopping center had an annual visitor number of 25 million people.