Canadian Tire Corporation

Canadian Pacific extends contract with Canadian Tire

The railway transport provider Canadian Pacific (CP) has signed an agreement with the retail company Canadian Tire Corporation (CTC) to extend their long-standing partnership on CTC’s products movement in Canada.

Keith Creel, president and CEO of CP noted that by signing the multi-year contract extension, the two companies continue their near-century-long commercial relationship. “As the single largest container importer in Canada, CTC will benefit from CP’s service, reliability and network...

https://container-news.com/canadian-pacific-extends-contract-with-canadian-tire/

Canadian container importer acquires 25% stake in Ashcroft Terminal

The single largest container importer in Canada, Canadian Tire Corporation will acquire a 25% equity interest in Ashcroft Terminal Limited according to an investment agreement signed by the two companies.

PSA International Pte Ltd will continue as the operator and retain a majority interest of 60%, with the remaining 15% interest held by founding partner CrescentView Investments Ltd.

Ashcroft Terminal is an inland port facility located approximately 300 kilometres east of Vancouver in British...

https://container-news.com/canadian-container-importer-acquires-25-stake-in-ashcroft-terminal/