f) providing a suite of incentives that facilitate business growth in the community.Peterborough is a major shopping destination for the region and is home to three shopping centres: Peterborough Square, located at George and Simcoe Streets; Portage Place at 1154 Chemong Road; and Lansdowne Place at 645 Lansdowne Street West. Walmart, Costco, Sobey's and Real Canadian Superstore have large operations in Peterborough, drawing customers from the surrounding area. As in other cities in Canada, Sears (in Landsdowne Place) closed its store in early 2018 because of bankruptcy.