logo

TPC Development Corporation Announces Major Investment and Executive Expansion to Grow The Picklr Across Canada, Starting in Winnipeg

Cision Canada5 days ago

WINNIPEG, MB, June 17, 2025 /CNW/ - TPC Development Corporation, the exclusive Canadian Master Franchisor of The Picklr (excluding Quebec), is proud to announce a significant expansion of its investor group and leadership team, alongside a multimillion-dollar infusion of growth capital to power its national rollout.
The Picklr is North America's fastest-growing indoor pickleball franchise, offering state-of-the-art courts, organized leagues, pro-level coaching, and a vibrant club atmosphere for players of all ages and skill levels. With over 500 locations in development across the U.S., Canada, Japan and elsewhere internationally, it's redefining how communities experience the sport.
With a goal of opening 65 Picklr clubs across Canada by 2031, TPC will build on the franchise model that is already flourishing across the United States. The Canadian strategy emphasizes local sourcing of materials, unlimited membership and interclub access, tailored indoor programming, corporate events and partnerships with major commercial and industrial developers, with curated community experiences.
Winnipeg is set to make history as the first Canadian city to welcome The Picklr in October 2025. The south Winnipeg Picklr will be located on Kenaston Boulevard at the crossroads of major retail, business and residential communities, bringing a world-class, purpose-built pickleball facility to the heart of the Prairies. With 10 courts, including 2 Championship courts, The Picklr is putting Winnipeg at the forefront of one of the fastest-growing sports in the world.
This milestone includes the addition of new Canadian partners with proven track records in entrepreneurship, real estate development, marketing, technology, and professional and youth sports.
Leading the equity round is Greg Fettes, a Winnipeg-based entrepreneur and founder of IntouchCX, a global customer experience and technology company with more than 25,000 employees across North America, Europe, and Asia. Fettes also serves as Chairman and Founder of Play Ventures, an investment vehicle focused on sports and community-driven experiences. Play Ventures' portfolio includes Play Hockey Inc., one of North America's largest youth hockey tournament organizers, and Play Pickle Inc., a company dedicated to growing the sport of pickleball in Canada. Fettes immediately joins TPC as Executive Chair.
"I've become an enthusiastic supporter and pickleball player, and I see the massive opportunity available to The Picklr to empower Canadian entrepreneurs to bring this incredibly fun, fast-growing sport to communities from coast to coast," said Fettes. "With our first club opening in Q4 in my hometown of Winnipeg, I couldn't be more excited to help lead this expansion and build the pickleball community across Canada."
Joining the executive team as President is Rob Lloyd, a fellow Winnipeg native who spent over two decades in senior roles at Cisco Systems in Canada, Europe, and Silicon Valley—most recently as President of Worldwide Sales and Engineering, leading a 40,000-person team. Lloyd also serves as Executive Chair of a professional sports organization managing a network of 24 franchised teams across North America.
"Canada is ready for a premium, purpose-built, nation-wide pickleball experience," said Lloyd. "The Pickleball Canada team has the vision, experience, and energy to deliver it—and we're proud to start right here in Winnipeg, with other key markets already in development."
The expanded TOC senior leadership team includes:
- Mark Arndt, Chief Development Officer – 20+ years developing world-class indoor soccer and tennis facilities and operating an international professional tennis event
- David Formal, Director of Franchise Sales, with 25+ years of franchise development experience
- Mark Lloyd, Territory Sales Director – 5+ years managing franchise team relationships and national sponsorships across Canada and the U.S.
- Troy Buchanan, Senior Vice president, Colliers, Canadian Master Broker The Picklr Canada
- Daria Lukie, Associate, Colliers, Master Broker The Picklr Canada
About TPC Development Corporation
TPC Development Corporation is the exclusive Canadian Master Franchisor (excluding Quebec) for The Picklr, the premier indoor pickleball franchise in North America. TPC is focused on building a national network of high-quality indoor clubs, delivering exceptional franchise opportunities and community-first pickleball experiences across Canada.
Founded in Utah, The Picklr is North America's fastest-growing indoor pickleball franchise, with more than 500 clubs in development. The Picklr offers professional-grade courts, leagues, lessons, tournaments, and a vibrant club atmosphere for players of all levels.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Carney travelling to Europe for security, defence talks with EU, NATO
Carney travelling to Europe for security, defence talks with EU, NATO

Winnipeg Free Press

time19 minutes ago

  • Winnipeg Free Press

Carney travelling to Europe for security, defence talks with EU, NATO

OTTAWA – Prime Minister Mark Carney will depart for Europe on Sunday for back-to-back summits where he is expected to make major commitments for Canada on security and defence. Carney will be joined by Foreign Affairs Minister Anita Anand, Defence Minister David McGuinty and secretary of state for defence procurement Stephen Fuhr at the EU and NATO summits, where military procurement and diversifying supply chains will top the agendas. The international meetings come as Canada looks to reduce its defence procurement reliance on the United States due to strained relations over tariffs and President Donald Trump's repeated talk about Canada becoming a U.S. state. Carney will fly first to Brussels, Belgium, starting the trip with a visit to the Antwerp Schoonselhof Military Cemetery where 348 Canadian soldiers are buried. He will also meet with Belgian Prime Minister Bart De Wever, European Council President António Costa and European Commission President Ursula von der Leyen. At the EU-Canada summit, Anand and McGuinty are expected to sign a security and defence agreement with the EU in what one European official described Friday as one of the most ambitious deals Europe has ever signed with a third country. The agreement will open the door to Canada's participation in the ReArm Europe initiative, allowing Canada to access a 150-billion-euro loan program for defence procurement, called Security Action for Europe. An EU official briefing reporters on Friday said once the procurement deal is in place, Canada will have to negotiate a bilateral agreement with the European Commission to begin discussions with member states about procurement opportunities. A Canadian official briefing reporters on the summit Saturday said the initial agreement will allow for Canada's participation in some joint procurement projects. However, a second agreement will be needed to allow Canadian companies to bid. At the EU-Canada summit, leaders are also expected to issue a joint statement to underscore a willingness for continued pressure on Russia, including through further sanctions, and call for an immediate and permanent ceasefire in Gaza. After Brussels, Carney heads to The Hague in the Netherlands for the NATO leaders' summit on Tuesday and Wednesday. There, Carney will meet with the King of the Netherlands and later with leaders of Nordic nations to discuss Arctic and transatlantic security. At the NATO summit, Carney will take part in bilateral meetings with other leaders. The summit agenda includes a social dinner hosted by the king and queen of the Netherlands and a two-and-a-half hour meeting of the North Atlantic Council. NATO allies are expected to debate a plan to hike alliance members' defence spending target to five per cent of national GDP. NATO data shows that in 2024, none of its 32 members spent that much. The Canadian government official who briefed reporters on background says the spending target and its timeline are still up for discussion, though some allies have indicated they would prefer a seven-year timeline while others favour a decade. Canada hasn't hit a five- per- cent defence spending threshhold since the 1950s and hasn't reached the two per cent mark since the late 1980s. NATO says that, based on its estimate of which expenditures count toward the target, Canada spent $41 billion in 2024 on defence, or 1.37 per cent of GDP. That's more than twice what it spent in 2014, when the two per cent target was first set; that year, Canada spent $20.1 billion, or 1.01 per cent of GDP, on defence. In 2014, only three NATO members achieved the two per cent target — the U.S., the U.K., and Greece. In 2025, all members are expected to hit it. Any agreement to adopt a new spending benchmark must be ratified by all 32 NATO member states. Former Canadian ambassador to NATO Kerry Buck told The Canadian Press the condensed agenda is likely meant to 'avoid public rifts among allies,' describing Trump as an 'uncertainty engine.' Monday Mornings The latest local business news and a lookahead to the coming week. 'The national security environment has really, really shifted,' Buck said, adding allies next door to Russia face the greatest threats. 'There is a high risk that the U.S. would undercut NATO at a time where all allies are increasingly vulnerable.' Trump has suggested the U.S. might abandon its mutual defence commitment to the alliance if member countries don't ramp up defence spending. 'Whatever we can do to get through this NATO summit with few public rifts between the U.S. and other allies on anything, and satisfy a very long-standing U.S. demand to rebalance defence spending, that will be good for Canada because NATO's good for Canada,' Buck said. Carney has already made two trips to Europe this year — the first to London and Paris to meet with European allies and the second to Rome to attend the inaugural mass of Pope Leo XIV. This report by The Canadian Press was first published June 22, 2025.

Bank of Canada hoping for better look at ‘complicated' inflation picture
Bank of Canada hoping for better look at ‘complicated' inflation picture

Winnipeg Free Press

time28 minutes ago

  • Winnipeg Free Press

Bank of Canada hoping for better look at ‘complicated' inflation picture

OTTAWA – The Bank of Canada will get a fresh look at national inflation figures this week — a picture that's been particularly murky as of late amid tax changes and trade wars. Statistics Canada is expected to publish its consumer price index for May on Tuesday. Financial data shows the consensus among economists is that inflation ticked up to 1.8 per cent year-over-year last month. April figures showed the annual inflation rate slowed sharply to 1.7 per cent, thanks largely to a drop in gasoline prices tied to the end of the consumer carbon price. Benjamin Reitzes, BMO's managing director of Canadian rates and macro strategist, said he expects inflation cooled two ticks to 1.5 per cent in May. He pointed to a slowing in shelter inflation and a smaller jump in gas prices compared with the same time last year for the easing. But it won't be just the headline number the Bank of Canada is parsing as it attempts to set its benchmark interest rate in an increasingly uncertain world. 'The reality is, they don't just look at one number. They look at a number of different inflation metrics to really try and figure out what the underlying trend is,' Reitzes said. Bank of Canada governor Tiff Macklem called the current inflation picture 'complicated' in a speech to the St. John's Board of Trade in Newfoundland and Labrador on Wednesday. The 'firmness' in underlying inflation lately might be early signs of the trade war with the United States impacting inflation, he said. The central bank has so far been dogged by uncertainty tied to the tariff dispute, holding its policy rate steady at 2.75 per cent twice in a row as it waits for clarity on how the trade restrictions will impact inflation. While the tariffs and counter-tariffs themselves are likely to drive up prices for businesses, it's not yet clear to the bank how quickly companies will pass those costs on to customers. Resulting slowdowns in the economy could also see businesses and consumers rein in spending, keeping inflationary pressures relatively tame. Katherine Judge, senior economist at CIBC Capital Markets, said inflation likely inched higher because of tariffs. 'The acceleration in the monthly pace will be largely tied to food prices that are picking up counter-tariff impacts and core goods prices that could begin to reflect broader tariffs,' she said in a note to clients on Friday. 'We expect rent inflation to decelerate after a surprising jump in April, and in line with industry data, leaning against food price increases.' Judge noted the upcoming inflation reading will reflect adjustments Statistics Canada made to its CPI basket, but said such changes don't usually have a meaningful impact on the headline number. Reitzes said it's been hard to pinpoint the impact of tariffs on the inflation data. 'The Bank of Canada is certainly watching for that, though,' he said. 'The army of economists they have working for them will be kind of teasing through all of that data and looking for any signs of that.' Food inflation has been a bit stronger in recent months, which Reitzes noted is one area where Canada is applying counter-tariffs. But he also said that could be a lagged impact from weakness in the Canadian dollar at the start of the year now filtering into food prices. Another source of noise in the inflation data is tax changes from the federal government in the early part of the year. First, Ottawa's two-month GST holiday skewed price data on a range of groceries, gifts and household staples, and now the end of the consumer carbon tax is driving down headline inflation. But that impact is only going to last for a year and will fall out of the inflation comparison after 12 months. Macklem said the central bank is increasingly putting weight on CPI measures that strip out influences from tax changes to give it some clarity. He noted Wednesday that inflation excluding taxes was 2.3 per cent in April — stronger than the central bank was expecting. Macklem also signalled Wednesday that the Bank of Canada is scrutinizing its own preferred measures of core inflation a little more closely. Those core inflation figures are now running above three per cent, but Macklem also warned there's 'potentially some distortion' that could be 'exaggerating' price pressures. Alternative measures of core inflation are coming in lower, so he said the bank is looking at a range of factors as it gauges where inflation is heading next. Wednesdays Columnist Jen Zoratti looks at what's next in arts, life and pop culture. 'There is some unusual volatility. So how temporary or persistent this is, I think remains an open question,' Macklem said. The Bank of Canada will get a look at two inflation reports before its next interest rate decision on July 30. If inflation shows signs of remaining well contained in those releases, Reitzes said the Bank of Canada might find a window to lower interest rates to boost the economy in the face of tariffs. 'They'll probably take that opportunity, but inflation needs to provide them with that,' he said. 'And at the moment it is not doing so.' This report by The Canadian Press was first published June 22, 2025.

Fred Smith, FedEx founder who revolutionized the package delivery business, dies at 80
Fred Smith, FedEx founder who revolutionized the package delivery business, dies at 80

Winnipeg Free Press

time2 hours ago

  • Winnipeg Free Press

Fred Smith, FedEx founder who revolutionized the package delivery business, dies at 80

MEMPHIS, Tenn. (AP) — Fred Smith, the FedEx Corp. founder who revolutionized the express delivery industry, has died, the company said. He was 80. FedEx started operating in 1973, delivering small parcels and documents more quickly than the post office could. Over the next half-century, Smith, a Marine Corp. veteran, oversaw the growth of a company that combined air and ground service and became something of an economic bellwether because so many other companies rely on it. Memphis, Tennessee-based FedEx grew into a global transportation and logistics company that averages 17 million shipments per business day. Smith stepped down as CEO in 2022 but remained executive chairman. Smith, a 1966 graduate of Yale University, used a business theory he came up with in college to create a delivery system based on coordinated air cargo flights centered on a main hub, a 'hub and spokes' system, as it became known. The company also played a major role in the shift by American business and industry to a greater use of time-sensitive deliveries and less dependence on large inventories and warehouses. Smith once told The Associated Press that he came up with the name Federal Express because he wanted the company to sound big and important when in fact it was a start-up operation with a future far from assured. At the time, Smith was trying to land a major shipping contract with the Federal Reserve Bank that didn't work out. In the beginning, Federal Express had 14 small aircraft operating out of the Memphis International Airport flying packages to 25 U.S. cities. Smith's father, also named Frederick, built a small fortune in Memphis with a regional bus line and other business ventures. Following college, Smith joined the U.S. Marines and was commissioned a second lieutenant. He left the military as a captain in 1969 after two tours in Vietnam where he was decorated for bravery and wounds received in combat. He told The Associated Press in a 2023 interview that everything he did running FedEx came from his experience in the Marines, not what he learned at Yale. Getting Federal Express started was no easy task. Overnight shipments were new to American business and the company had to have a fleet of planes and a system of interconnecting air routes in place from the get-go. Though one of Memphis' best-known and most prominent citizens, Smith generally avoided the public spotlight, devoting his energies to work and family. Despite his low profile, Smith made a cameo appearance in the 2000 movie 'Castaway' starring Tom Hanks. The movie was about a FedEx employee stranded on an island. Monday Mornings The latest local business news and a lookahead to the coming week. 'Memphis has lost its most important citizen, Fred Smith,' said U.S. Rep. Steve Cohen of Tennessee, citing Smith's support for everything from the University of Memphis to the city's zoo. 'FedEx is the engine of our economy, and Fred Smith was its visionary founder. But more than that, he was a dedicated citizen who cared deeply about our city.' Smith rarely publicized the donations he and his family made, but he agreed to speak with AP in 2023 about a gift to the Marine Corps Scholarship Foundation to endow a new scholarship fund for the children of Navy service members pursuing studies in STEM. 'The thing that's interested me are the institutions and the causes not the naming or the recognition,' Smith said at the time. Asked what it means to contribute to the public good, he replied: 'America is the most generous country in the world. It's amazing the charitable contributions that Americans make every year. Everything from the smallest things to these massive health care initiatives and the Gates Foundation and everything in between,' he said. 'I think if you've done well in this country, it's pretty churlish for you not to at least be willing to give a pretty good portion of that back to the public interest. And all this is in the great tradition of American philanthropy.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store