Macleans says Walmart is good for Canada

A Macleans article says Walmart is good for Canada. A summary of the article is on the wire. Here are the main points:

1. The opening of a new outlet, in fact, is generally an economic boon for the area.

2. For three of the past four years Wal-Mart has been named the best retailer for which to work, due mainly to incentives like profit sharing and a discounted stock purchase program.

3. Wal-Mart's low prices force competitors to lower grocery prices by up to 10 to 15% in order to compete. Those savings are a godsend for working class consumers.