Canadian Tire Financial Services Named One of Canada's Top 100 Employers

    WELLAND, ON, Oct. 2 /CNW/ - In an announcement made earlier today, the
authors of Canada's Top 100 Employers competition named Canadian Tire
Financial Services (CTFS) one of the top 100 top employers in Canada. The
annual national competition recognizes employers who lead their industries in
offering exceptional workplaces for their employees. Today's announcement puts
CTFS in the top 5% of companies to work for in Canada.
    Now in its 9th year, the prestigious competition involves a rigorous
application process and this year more than 2,000 applications were submitted.
 As one of Canada's Top 100 Employers, CTFS joins the ranks of other national
companies and organizations that lead their industries in attracting and
retaining employees.
    "We offer the best in order to reward the best. I am truly impressed by
the commitment and drive of our employees to deliver initiatives that add
value to our customers and enhance loyalty to Canadian Tire," says Marco
Marrone, president, CTFS. "We have much to be proud of and I am confident we
will have many more accomplishments to celebrate and share in the future."
    Employers are evaluated using a number of criteria including: physical
workplace; work atmosphere and social; health, financial and family benefits;
vacation and time-off; employee communications; performance management;
training and skills development; and community involvement. As part of the
selection process, employers are also compared to other organizations in their
field to determine which offers the most progressive and forward-thinking
programs.

    Located in Welland, Burlington and St. Catharines Ontario, Canadian Tire
Financial Services Limited is a wholly owned subsidiary of Canadian Tire
Corporation Limited. Canadian Tire Financial Services is primarily engaged in
financing and managing the Canadian Tire Options MasterCard® to over 4
million cardmembers. The Canadian Tire Options MasterCard® is accepted at
over 24 million locations worldwide, and offers Canada's oldest and most
recognized loyalty program, Canadian Tire 'Money' On The Card. In addition,
Canadian Tire Financial Services offers a variety of retail banking, insurance
and warranty products, and operates the Canadian Tire Roadside Assistance
program.



For further information:
For further information: Lisa Gibson, Canadian Tire Corporation, (416)
544-7655