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It's happening! The Canadian Costco cult is showing fractures!
(media.piefed.ca)
See the thread on the cult page itself: Costco Canada.
https://www.reddit.com/r/CostcoCanada/comments/1nb7aj1/are_you_still_buying_canadian_at_costco/
People are dropping their Costco memberships, and slowly weaning their shopping habits away from the American Bank owned: Costco. This is still the minority viewpoint as seen in the comments. But our education campaigns are slowly shifting the tides!
Remember, Costco is an American cult.
The same herd mentality that brought sheep into Costco's doors will bring them out, and onto a Canadian run option.
Costco has no direct Canadian wholesale competitor, yet.
But I have a sense that's going to change very soon. Costco is absolutely ripe for Canadian disruption. Go Leafs!
I should probably have been more precise; their produce prices are generally roughly equal, plus or minus a bit, but the produce quality is almost always great, and it's easy to return if/when you get a rare dud.
Any other food item is almost always cheaper: dairy and other refrigerated foods, meat (great quality), non-perishable food, etc.
If you're happy to buy in bulk quantities, I haven't found any good alternatives to Costco.
Ah, it's probably because I don't eat animal products, so this additional context is helpful.