Canadian Tire Corporation, Limited

Canadian retail corporation operating department stores, gas stations, and financial services, owner of Canadian Tire, Mark's, Sport Chek, and Hudson's Bay intellectual property.

Company Type

public

Founded

1922

Headquarters

Toronto, Ontario, Canada

Stock

TSX: CTC.A

About Canadian Tire Corporation, Limited

Canadian Tire Corporation, Limited operates as a diversified retail corporation with operations across multiple segments. The company's business includes department stores, gas stations, financial services, and specialized retail chains.

The company generates revenue through retail sales, gas station operations, financial services, and real estate investments. Canadian Tire operates one of Canada's most comprehensive retail networks with hundreds of locations across the country.

Canadian Tire employs approximately 85,000 people across its retail locations, corporate offices, and support operations. The company maintains its headquarters at Canada Square in Toronto and continues to invest in digital transformation and omnichannel retail capabilities.

History of Canadian Tire Corporation, Limited

Canadian Tire Corporation, Limited traces its origins to 1922 when brothers J.W. and A.J. Billes purchased the Hamilton Tire and Garage in Toronto, Ontario. The brothers incorporated the business as Canadian Tire Corporation in 1927, focusing on automotive parts and accessories.

Throughout the 1930s and 1940s, the company expanded beyond auto parts to include hardware, sporting goods, and household items. Canadian Tire developed its iconic catalogue system and established itself as a trusted Canadian retailer.

The company went public in 1969, providing capital for continued expansion and diversification. Throughout the 1970s and 1980s, Canadian Tire expanded its retail network and introduced gas station operations alongside its stores.

In recent decades, Canadian Tire has grown through strategic acquisitions including Mark's Work Wearhouse (later Mark's), Sport Chek, and various other retail chains. In 2025, the company acquired the intellectual property of the Hudson's Bay Company, adding Canada's oldest retail brand to its portfolio.

Brands Owned by Canadian Tire Corporation, Limited

Canadian Tire Corporation, Limited owns 3 brands in our database.

Canadian Tire

Owned by Canadian Tire Corporation, Limited

Canadian retail corporation operating department stores, gas stations, and financial services, known for automotive products and household goods.

retailautomotivedepartment-store

Hudson's Bay

Owned by Canadian Tire Corporation, Limited

Canadian department store chain and Canada's oldest company, now owned by Canadian Tire Corporation through intellectual property acquisition.

department-storeretailcanadian-heritage

Sport Chek

Owned by Canadian Tire Corporation, Limited

Canadian sporting goods retail chain owned by Canadian Tire Corporation, founded in 1999 and the largest sporting goods retailer in Canada.

sporting-goodsretailsports

Stock Information

Canadian Tire Corporation, Limited Ownership: Pros & Cons

Advantages

+Diversified portfolio across multiple retail segments
+Strong brand recognition and cultural significance in Canada
+Integrated retail, gas, and financial services model
+Extensive physical store network across Canada
+Recent acquisition of Hudson's Bay intellectual property

Considerations

-Competition from major international retailers and e-commerce
-Need for continuous digital transformation and omnichannel integration
-Dependence on Canadian consumer spending patterns
-Challenges in traditional retail amid changing shopping habits
-Integration of acquired brands and intellectual property

Frequently Asked Questions About Canadian Tire Corporation, Limited

Is Canadian Tire Corporation, Limited 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, Limited publicly traded?

Yes, the company is publicly traded on the Toronto Stock Exchange under the ticker symbol CTC.A. Canadian Tire has been publicly traded since 1969.

When was Canadian Tire Corporation, Limited 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, Limited?

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, Limited's market position?

Canadian Tire Corporation holds a dominant position in Canadian retail as one of the country's largest and most trusted retail companies. The corporation operates multiple retail brands and has expanded significantly through strategic acquisitions, including the recent purchase of Hudson's Bay intellectual property.

About Canadian Tire Corporation, Limited

History of Canadian Tire Corporation, Limited