Support for Insurance Incentives will Encourage Safer Driving
Habits
TORONTO,
April 30, 2013 /CNW/ - Canadian Tire
Corporation, Limited (TSX: CTC, TSX: CTC.a) congratulates the
Ontario government on today's
announcement that encourages auto insurance companies to incent
drivers to take preventative measures to reduce their risk on the
road.
"Incenting drivers to improve their driving skills and the
safety of their vehicle by offering lower insurance rates is to
everyone's benefit," said Allan
MacDonald, Senior Vice President, Automotive and Marketing,
Canadian Tire Corporation. "Canadian Tire has been a proud partner
in road safety for more than 90 years and we know what it takes for
vehicles and their drivers to be road-ready through all four
seasons of the year."
"Proper preparation for winter driving, including four matching
winter tires, automotive maintenance and proper driver training has
been proven to improve the safety of the vehicle and its
passengers," he continued.
Canadian Tire has a long history of implementing public
awareness campaigns and events that enforce road safety messages as
well as supporting research into the benefits of winter tires and
preventative vehicle maintenance. The Company, with 200 stores in
communities across Ontario, has
been proud to support safety partners and governments to help
ensure drivers are equipped with the information and products they
need to stay safe on the road.
In June 2012, Canadian Tire
launched the Canadian Tire Drivers Academy; a state-of-the-art
driving school that is the only program that teaches auto
maintenance and hands-on training to new drivers, from general
maintenance to keeping their vehicle safe on the roads. The Company
also offers Canadian Tire Roadside Assistance in select
markets.
Continued investment in preventative automotive maintenance has
been proven to catch serious problems early, reducing repair costs,
the risk of collisions and the number and size of insurance
claims.
About Canadian Tire Corporation
Canadian Tire Corporation, Limited (TSX:CTC.a) (TSX:CTC) is a
Family of Companies that includes Canadian Tire Retail, Partsource,
Gas+, FGL Sports (Sport Chek, Hockey Experts, Sports Experts,
National Sports, Intersport and Atmosphere), Mark's and Canadian
Tire Financial Services. With more than 1,700 retail and
gasoline outlets from coast-to-coast, our primary retail business
categories - Automotive, Living, Fixing, Playing and Apparel - are
supported and strengthened by our Financial Services division. Over
85,000 people are employed across the Canadian Tire enterprise,
which was founded in 1922 and remains one of Canada's most recognized and trusted brands.
For more information, visit Corp.CanadianTire.ca.
SOURCE CANADIAN TIRE CORPORATION, LIMITED - INVESTOR
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