Which family owns Canadian Tire?
Founded in 1922 after acquiring Hamilton Tire and Garage, Canadian Tire was established by brothers John William Billes (J. W. Billes) and Alfred Jackson Billes (A. J. Billes); early ownership and control remained concentrated almost entirely within the Billes family as the business expanded across Canada. But behind it is a story most people don’t know, of how the Billes family built and protected one of the country’s most Canadian companies. It began in 1922 when brothers J. W. John William) and A. J. Alfred Jackson) Billes scraped together $1,800 to buy Hamilton Tire and Garage Ltd. Toronto.Owen billes is also a major shareholder of canadian tire corporation and is one of the company’s most successful dealers, owning and operating the welland, ontario canadian tire store. The billes family has built and fostered a canadian retailing icon.Canadian Tire Corporation, Limited (doing business as Canadian Tire) is a Canadian retail corporation, headquartered at Canada Square in Toronto, Ontario. It operates department stores, gas stations (Canadian Tire Petroleum), and financial services (Canadian Tire Bank).