Canadian Tire Corporation is a leading retail company in Canada having a presence in the retail, finance and real estate businesses.
The company’s retail and financial services businesses include Canadian Tire, PartSource, Petroleum, SportChek, Mark’s, Helly Hansen, CT REIT, and a Financial Services division. Retail is the larger segment accounting for more than 90% of total revenues, while financial services segment constitutes the remainder. The financial services segment offers credit cards and other financial products.
Canadian Tire is one of Canada’s most shopped general merchandise retailers. The company operates through a huge network of 1700 retail outlets and gas bars. It provides a wide range of products in the automotive, tools & hardware, home & essentials, sports and outdoor living categories.
Canadian Tire also has a 76% interest in CT REIT, a closed end real estate investment trust in Canada, of which it is the primary tenant. Customers trust the Canadian Tire brand for its product quality and leading reputation.