Canadian Tire Corp. Ltd. says it is eliminating some corporate positions.
The retailer says in a statement that the cuts are part of a restructuring that was announced earlier this year, aimed at helping it compete amid an increasing need for speed and efficiency.
“Changes are underway and we are altering various processes and teams to transform and modernize. As a result, some corporate roles are expanding and others are being eliminated,” a Canadian Tire spokesperson said.
“While these changes are difficult, they are necessary to ensure that we remain a strong retailer, job creator, and contributor to the Canadian economy well into the future.”
Canadian Tire did not specify the number of positions being impacted.
In March, Canadian Tire announced a new strategy to invest $2 billion over four years to restructure the company for growth.
This report by The Canadian Press was first published July 29, 2025.
Companies in this story: (TSX: CTC.A)
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