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The Home Depot entered Canada in 1994 with the acquisition of the five store Aikenhead's Home Improvement Warehouse, then owned by the Molson Companies.

Beginning with stores in the Greater Toronto Area, The Home Depot quickly grew to become one of Canada's leading retailers, opening its first western Canadian store in Edmonton, Alberta in March of 1994. By 2000, and then operating nearly 60 stores, the company expanded east opening its first store in Quebec (Laval, QC).

The Home Depot opened its 100th Canadian store in Thunder Bay, Ontario, in November 2003.

Today, The Home Depot Canada is Canada's leading home improvement specialty retailer, with 180 stores in ten Canadian provinces. The company employs more than 27,000 Canadian associates.