Shopping promotion highlights include $10-$20 back on purchases of $40 or
    more; Lower prices on thousands of regular-priced items and weekly flyer
    specials

    TORONTO, Nov. 1 /CNW/ - To help customers get a head start on savings
this holiday season, Canadian Tire announced a special two-week offer that
will enable customers to receive $10-$20 back on in-store purchases of $40 or
more. In addition to this special offer, Canadian Tire is also offering
customers incredible savings on more than 2,000 items per week in its flyer
throughout November and December and will continue to lower regular prices on
everyday items.
    "Canadian Tire is focused more than ever on providing customers with
competitive prices and additional value heading into the busy holiday season,"
said Mike Arnett, president, Canadian Tire Retail. "Whether it's offering
customers meaningful price reductions on products featured in our weekly
flyer, continuing to lower regular-priced items or providing customers with
innovative promotional programs, we are committed to providing customers with
exceptional savings this holiday season."
    The Early Holiday Savings program enables customers to save $10 on
in-store purchases of $40 or more when they print off a coupon found at
www.canadiantire.ca. Customers who purchase $40 or more on in-store purchases
using their Options MasterCard Card will save an additional $10 for an overall
savings of $20. The Early Holiday Savings program runs from November 2nd to
November 18th at stores across the country.
    In addition to the promotion, Canadian Tire has lowered the regular price
5% to 30% on more than 5,000 items over the past twelve months, 1,000 products
in the past month alone and has plans to reduce the price on an additional 500
products over the next two weeks. Canadian Tire will also offer incredible
savings on more than 2,000 items featured each week in its flyer throughout
the months of November and December. With distribution to 11 million
households nationwide and 90% readership, Canadian Tire's flyer is the most
widely read flyer in the country.

    Canadian Tire Corporation, Limited (TSX: CTC.a, CTC), operates more than
1,100 general merchandise and apparel retail stores, gas stations and
carwashes in an inter-related network of businesses engaged in retail,
financial services and petroleum. Canadian Tire Retail, Canada's most shopped
general merchandise retailer, with 468 stores operated by Associate Dealers
across Canada offers a unique mix of products and services through three
specialty categories in which the organization is the market leader -
Automotive, Sports and Leisure, and Home Products. www.canadiantire.ca offers
Canadians the opportunity to shop online. PartSource is an automotive parts
specialty chain with 67 stores designed to meet the needs of purchasers of
automotive parts - professional automotive installers and serious
do-it-yourselfers. Canadian Tire Petroleum is one of the country's largest and
most productive independent retailers of gasoline, operating 264 gas bars, 256
convenience stores and kiosks, and 75 car washes. Mark's Work Wearhouse is one
of the country's leading apparel retailers operating 341 stores in Canada.
Under the Clothes that Work™ marketing strategy, Mark's sells apparel and
footwear in work,work-related, casual and active-wear categories, as well as
health-care and business-to-business apparel. www.marks.com offers Canadians
the opportunity to shop online. Canadian Tire Financial Services manages over
4 million Canadian Tire MasterCard accounts and markets related financial
products and services for retail and petroleum customers. Canadians can also
access Financial Services online at www.ctfs.com. Over 50,000 Canadians work
across Canadian Tire's organization from coast-to-coast in the enterprise's
retail, financial services, and petroleum businesses.