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[–] 2 points 2 years ago

A couple of regions aren't enough to make it worthwhile, at least according to an article I read recently.

From the link:

  1. Economies of scale. Canada has a population of 39 million spread across a very large geographic area. Compared to other G-7 countries, retailers don’t benefit from economies of scale in Canada unless they operate across the entire country. A regional operator in the northeast U.S., for example, has a potential market of more than 125 million, while a regional operator in Canada is lucky to have a potential market of 15 million.
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