
MotoMaster Tires is owned by Canadian Tire Corporation, Limited, a publicly traded Canadian retail conglomerate listed on the Toronto Stock Exchange under the ticker CTC.A. The brand operates as a private-label product line within Canadian Tire's MotoMaster automotive division. All tire development, sourcing, and distribution decisions are made by Canadian Tire Corporation's leadership in Toronto.
Parent Company
Founded
1922
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| MotoMaster Tires | Canadian Tire Corporation, Limited | Brand division |
The MotoMaster brand traces its origins to the founding of Canadian Tire Corporation itself. John William Billes and Alfred Jackson Billes established the company in Toronto in 1922 with C$1,800 in combined savings. Their first catalog offered tires, batteries, and automotive accessories. The brothers built the company on tire sales and automotive service to Canadian motorists.
The MotoMaster name was developed as Canadian Tire's house brand for automotive products. It gave the retailer a proprietary label to compete on price and exclusivity against national brands. By the mid-20th century, MotoMaster had become one of the most recognized private-label automotive brands in Canada, covering tires, batteries, motor oil, and related products.
Throughout the 1970s and 1980s, MotoMaster expanded its tire lineup to include multiple categories. The brand introduced sub-lines targeting different driving conditions, including all-season touring tires and light truck tires marketed under names such as Rough Rider and, later, Total Terrain. The Formula 1 sub-brand was launched for synthetic motor oils before expanding into conventional and specialty lubricants.
In the 1990s and early 2000s, the brand contracted. Canadian Tire began stocking more name-brand products alongside its private labels. In early 2003, Canadian Tire discontinued the MotoMaster spark plug line in favor of carrying brands such as Champion, NGK, AC Delco, and Bosch. In 2004, the Formula 1 oil filter line was discontinued. The tire lineup was also trimmed. The Sentinel A/S and Touring 160 models were discontinued in 2004, leaving the brand concentrated on the Touring AW/H and SE2 lines.
The contraction of the MotoMaster tire range was partly driven by the growth of PartSource, Canadian Tire Corporation's specialty auto parts chain. PartSource, with 63 fully owned locations as of 2007, carried many of the same automotive categories and operated at arm's length from the main Canadian Tire retail network. This reduced the need for MotoMaster to cover every automotive segment.
Despite the narrowing of its product range, MotoMaster tires remained a core part of Canadian Tire's automotive offering through the 2010s and into the 2020s. The brand continued to offer all-season and winter tire lines at price points below major national brands. It serves Canadian consumers who prioritize value over premium performance credentials.
In 2025, Canadian Tire launched its True North Transformation Strategy, a company-wide restructuring plan. The strategy includes optimizing the retail footprint, simplifying operations, and divesting non-core assets. Helly Hansen was reclassified as discontinued operations. MotoMaster tires remained available in Canadian Tire stores across the country, positioned as the retailer's entry-level to mid-range tire option. The brand benefits from Canadian Tire's national store network, which gives it distribution reach that few private-label tire brands can match in Canada.
Is Canadian Tire Corporation owned by another company?
No. Canadian Tire Corporation, Limited is an independent publicly traded company with no parent organization. The company operates independently while being owned by institutional investors, mutual funds, and individual shareholders.
Is Canadian Tire Corporation publicly traded?
Yes. The company is publicly traded on the Toronto Stock Exchange under ticker symbols CTC (common voting shares) and CTC.A (Class A non-voting shares). Canadian Tire has been publicly traded since 1969.
When was Canadian Tire Corporation founded?
The company was founded in 1922 by brothers J.W. and A.J. Billes in Toronto, Ontario. The business was incorporated as Canadian Tire Corporation in 1927.
Who created Canadian Tire Corporation?
Canadian Tire Corporation was founded by brothers J.W. and A.J. Billes. The brothers built the company from a single auto parts store into one of Canada's largest and most recognized retail corporations.
What is Canadian Tire Corporation's annual revenue?
Canadian Tire Corporation reported consolidated revenue of $16.3 billion for fiscal year 2025 (53 weeks ended January 3, 2026), a 5.2 percent increase from $15.5 billion in FY2024. Retail sales were $18.99 billion, up 4.5 percent. In Q1 2026, revenue was $3.57 billion, up 3.3 percent.
Who is Canadian Tire's CEO?
Greg Hicks serves as CEO of Canadian Tire Corporation, leading the company through its True North transformation strategy.
Did Canadian Tire buy Hudson's Bay?
Canadian Tire acquired the intellectual property of Hudson's Bay Company for $30 million in 2025 following the department store chain's insolvency. The acquisition includes the Hudson's Bay brand and trademarks but not the physical stores. The first product collection launched during the 2025 holiday season, with a more comprehensive launch planned for summer 2026.
Did Canadian Tire sell Helly Hansen?
Yes. On May 31, 2025, Canadian Tire completed the sale of the Helly Hansen business to Kontoor Brands, Inc. for total gross proceeds of $1.313 billion. The divestiture reflects CTC's increasing focus on its Canadian retail portfolio.
What is the True North strategy?
True North is a four-year, $2 billion transformation strategy launched in March 2025. It includes leadership restructuring, store remodels, Triangle Rewards loyalty program expansion, and improved data and technology capabilities. The restructuring was completed in Q3 2025, targeting approximately $100 million in annualized savings.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Nexen Tire | USA | 2003 | Value premium | United states | All-ages | |
| Canadian Tire Corporation | Canada | 1980 | Mass market | Regional | All Genders |
AutomotiveOwned by Nexen Tire
Aftermarket tire brand managed by Lexani Wheel Corporation of Corona, California, with manufacturing by Nexen Tire (South Korea) and Sentury Tire (China, Thailand, USA). Offers budget-friendly performance, all-season, all-weather, and UHP tires for passenger cars, SUVs, light trucks, and EVs at prices 40-60% below premium brands.
AutomotiveOwned by Canadian Tire Corporation, Limited
Canadian automotive private label brand owned by Canadian Tire Corporation, offering tires, batteries, motor oils, and automotive accessories exclusively through Canadian Tire stores.
Market Positioning: MotoMaster Tires competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Canadian Tire Corporation, Limited, giving you alternative choices that support different corporate structures.
AutomotiveOwned by Hyundai Motor Group
South Korean automobile manufacturer known for its value proposition, quality improvements, and stylish designs in the global automotive market.
Hyundai is privately owned, unlike MotoMaster Tires which is under a publicly traded parent company.
AutomotiveOwned by Interstate Battery System of America
American battery distributor founded in 1952, specializing in automotive, commercial, and consumer batteries, headquartered in Dallas, Texas.
Interstate Batteries is privately owned, unlike MotoMaster Tires which is under a publicly traded parent company.
AutomotiveOwned by Hyundai Motor Group
South Korean automobile manufacturer known for sporty design and value positioning, part of Hyundai Motor Group.
Kia is privately owned, unlike MotoMaster Tires which is under a publicly traded parent company.
AutomotiveOwned by Hercules Tire and Rubber Company
Budget tire brand owned by Hercules Tire and Rubber Company, a subsidiary of American Tire Distributors, offering affordable tires for passenger vehicles, light trucks, and commercial vehicles.
Ironman Tires is privately owned, unlike MotoMaster Tires which is under a publicly traded parent company.
AutomotiveOwned by Jaguar Land Rover Automotive PLC
British off-road vehicle brand produced by Jaguar Land Rover, a subsidiary of Tata Motors. Originally launched in 1948 as the Land Rover, reintroduced as the modern Defender in 2020.
Defender is privately owned, unlike MotoMaster Tires which is under a publicly traded parent company.
AutomotiveOwned by Hyundai Motor Group
South Korean luxury vehicle brand specializing in premium automobiles, owned by Hyundai Motor Group.
Genesis is privately owned, unlike MotoMaster Tires which is under a publicly traded parent company.
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