Dollar Tree 2015 Annual Report Download - page 35

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19
Canada Dollar Tree
Alberta 37
British Columbia 53
Manitoba 12
Ontario 110
Saskatchewan 13
Total 225
We lease the vast majority of our stores and expect to lease the majority of our new stores as we expand. Our leases
typically provide for a short initial lease term, generally five years, with options to extend; however, in some cases we have
initial lease terms of seven to fifteen years. We believe this leasing strategy enhances our flexibility to pursue various
expansion opportunities resulting from changing market conditions. As current leases expire, we believe that we will be able to
obtain lease renewals, if desired, for present store locations, or to obtain leases for equivalent or better locations in the same
general area.