Retail business magazine Retail Insider, has released their 2016 rankings of Canada's most productive malls based on dollars earned per square foot. Toronto's Yorkdale Shopping Centre has surpassed Vancouver's Pacific Centre for first spot with sales in excess of $1.2 billion annually. Oxford Properties who owns Yorkdale cites an on-going quest of securing the world's top brands where many use Yorkdale as their entry-point to Canada as key to the mall's success.
11 of the top 25 malls are in the Greater Toronto Area. Four are in Vancouver/Lower Mainland, two in the Montreal area, two in Calgary, and one each in Edmonton, Ft. McMurray, London, Waterloo, Ottawa and Halifax.
The full list of Canada's most productive malls by earnings per square foot:
1. Yorkdale Shopping Centre, Toronto, ON: $1,610
2. CF Pacific Centre, Vancouver, BC: $1599
3. Oakridge Centre, Vancouver, BC: $1,537
4. CF Toronto Eaton Centre, Toronto, ON: $1,509
5. Southgate Centre, Edmonton, AB: $1,215
6. CF Chinook Centre, Calgary, AB: $1,119
7. Royal Bank Plaza, Toronto, ON: $1,096
8. CF Rideau Centre, Ottawa, ON: $1,018
9. Metropolis at Metrotown, Burnaby, BC: $1,008
10. Square One Shopping Centre, Mississauga ON: $994
11. CF Sherway Gardens, Toronto, ON: $965
12: CF Market Mall, Calgary, AB: $961
13: CF Richmond Centre, Richmond, BC: $928
14: CF Fairview Mall, Toronto, ON: $913
15: CF Carrefour Laval, Laval QC: $888
16: CF Polo Park, Winnipeg, MB: $886
17: CF Masonville Place, London, ON: $855
18: Toronto Dominion Centre, Toronto, ON: $836
19: Holt Renfrew Centre, Toronto, ON: $828
29: Mapleview Centre, Burlington ON: $823
21: Peter Pond Mall, Ft. McMurray, AB: $804
22: Complex Les Ailes, Montreal QC: $790
23: Scarborough Town Centre, Toronto, ON: $790
24: Conestoga Mall, Waterloo, ON: $786
25: Halifax Shopping Centre, Halifax, NS: $783