More than 30,000 employees at Canadian Tire
stores across Canada to benefit
from $2/hour premium
TORONTO, March 25, 2020 /CNW/ - Canadian Tire Corporation
(TSX:CTC, TSX:CTC.a) announced today that the Canadian Tire
Associate Dealers have implemented a temporary special support
payment of $2 per hour for all active
Canadian Tire store employees. This premium, a 'thank you' to
employees for their hard work in continuing to serve their
communities during the COVID-19 pandemic, begins March 22, and will continue until May 2, 2020.
"In these unprecedented times, it is important to acknowledge
the hard work of our teams and show our appreciation for their
commitment to our stores, our communities and our customers," said
Gerry Feist, President, Canadian
Tire Dealers' Association, and Associate Dealer, Canadian Tire
store #288 in Edmonton,
Alberta.
"Canadians have been turning to Canadian Tire for the essential
products required to help navigate COVID-19. Canadian Tire store
employees are on the frontline and we are extremely proud of the
role they are playing in our communities as they continue to serve
our customers and help them to safely obtain the products they
need," said Greg Hicks, President
and CEO, Canadian Tire Corporation.
Canadian Tire Retail stores across the country remain open with
reduced hours to allow for enhanced cleaning and restocking. The
demand for supplies ranging from bathroom tissue, hand
sanitizer and cleaning products to other household staples has been
high as Canadians take precautions to help slow the spread of
COVID-19.
In addition to the temporary support payments by its Associate
Dealers, Canadian Tire continues to explore measures that will
support the safety and well-being of employees as the situation
evolves. This week, stores have begun installing plexiglass cashier
shields and social distancing measures are being implemented
throughout the stores, including at check-outs. In addition,
effective today, Canadian Tire stores are offering Curbside Pick Up
for online orders, giving customers another way to shop where
purchases are brought directly to their vehicle.
ABOUT CANADIAN TIRE CORPORATION
Canadian Tire
Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or "CTC", is a family
of businesses that includes a Retail segment, a Financial Services
division and CT REIT. Our retail business is led by Canadian Tire,
which was founded in 1922 and provides Canadians with products for
life in Canada across its Living,
Playing, Fixing, Automotive and Seasonal & Gardening divisions.
PartSource and Gas+ are key parts of the Canadian Tire network. The
Retail segment also includes Mark's, a leading source for casual
and industrial wear; Pro Hockey Life, a hockey specialty store
catering to elite players; SportChek, Hockey Experts, Sports
Experts, National Sports, Intersport and Atmosphere, which offer
the best active wear brands; and Party City Canada, a leading,
one-stop shopping destination for party supplies and seasonal
celebrations. The more than 1,740 retail and gasoline outlets are
supported and strengthened by CTC's Financial Services division and
the tens of thousands of people employed across Canada and around the world by the Company and
its local dealers, franchisees and petroleum retailers. In
addition, CTC owns and operates Helly Hansen, a leading global
brand in sportswear and workwear based in Oslo, Norway. For more information, visit
Corp.CanadianTire.ca.
FOR MORE INFORMATION
Media:
Jane Shaw, (416) 480-8581,
jane.shaw@cantire.com
Investors: Lisa Greatrix,
(416) 480-8725, lisa.greatrix@cantire.com
SOURCE CANADIAN TIRE CORPORATION, LIMITED