Canadian Tire Corp. Ltd. is rolling out a new strategy that will see it invest $2 billion over four years to restructure the company for growth but will also mean the closure of some stores.
The True North plan meant to usher in a new era for the Toronto-based retailer launched Thursday as the company was contending with tariffs the U.S. started applying to Canadian and Chinese goods, only for some of the duties on Canadian products to be rolled back later.