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Canadian rire Corporation, Limited ( Canadian Tire ) is a fam y of comparies that includes a retail segment and a financial services division, among

Canadian rire Corporation, Limited (Canadian Tire) is a fam y of comparies that includes a retail segment and a financial services division, among others. The retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canade across its Living, Plaring, Fixing, Automotive and 5easonal catenorics.
Leading-edge technology initiatives such as their
Innegation centre in Waterioo,
a Claud computing centre in Winnipeg, and
Mabile wallet project.
They hare also made significant investments (and will contiaue to do sa) in productivity initianives, streamlining the organizational structure and making a number of bold strategic marketing menes acrass each of aur brands.
As noted in the Annual feport, the company was ievolued in a number of strategic initiatives in 2021, inclutfing:
In all the comparry spent $404.0 million in 2021 an these initiations. These initiatives requirs: a multi-yeat commitment an the part of the Baard of Directars as well as the senior managument of Canadian lire. As a result, the company pians to spend the same amount in 2022 on special projects.
The campary issued 2.6 million bonds, with a face value of $1,000 each. The honds have a caupon rate of 10.0%, were issued at
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