Canadian Tire slashes prices heading into holiday shopping season with its
7th annual sale

'Biggest and Best Sale of the Year' offers customers the season's lowest prices, three times the Canadian Tire 'Money', 20% off at Mark's Work Wearhouse and rewards at Canadian Tire Gas Bars

TORONTO, Nov. 26 /CNW/ - To help Canadian families get a head start on savings this holiday season, Canadian Tire is holding its 7th annual 'Biggest and Best Sale of the Year' at Canadian Tire stores across the country this weekend. Featuring savings of up to 70% on products throughout the store, the annual event runs from Friday, November 27 to Sunday, November 29 and offers incredible one-day specials, valuable rewards and weekend-long price reductions.

"Now more than ever, customers are looking for the items they need at affordable prices," said Mike Arnett, president, Canadian Tire Retail. 'Canadian Tire provides customers with competitive pricing all year round - we've done this sale now for 7 years and with valuable savings, extra Canadian Tire 'Money' rewards, discounts at Mark's Work Wearhouse and special coupons at our gas bars, this is our best one yet.'

During the three-day event, customers will find savings on items related to automotive, toys, tools, home, fitness and recreation, kitchen and electronics. Examples of the savings include:

    -   $1,000 off the price of a treadmill

    -   $200 off a 71-piece air tool kit

    -   $159 off an Excelerator garage door opener

    -   $120 off a Magellan GPS

    -   $100 off a Cuisinart knife set

    -   70% off a Mastercraft 3-in-1 nailer

    -   70% off a KitchenAid cast iron pot

    -   70% off a KitchenAid 11-piece cookset

    -   60% off a set of two 4 foot pre-lit porch trees

    -   50% off a BMX bike

    -   50% off a discovery kids camcorder

    -   50% off 3-gallon air compressor

In addition to the incredible in-store savings, customers who use their Canadian Tire Options MasterCard for any item featured in the flyer will receive three times the Canadian Tire 'Money' on the Card. The sale will also be celebrated throughout Canadian Tire's interrelated businesses, with customers receiving a 20% off coupon for Mark's Work Wearhouse for every purchase made during the sale. In addition, motorists who fuel up at a Canadian Tire Gas Bar will receive a bonus 10X Canadian Tire 'Money' multiplier coupon.

    Year Round Savings

The 'Biggest and Best Sale of the Year' is just one of the many ways in which customers are being offered savings. The regular price has been lowered on more than 14,000 products over the past twelve months and almost 3,500 products are featured at prices 17% lower than what they were in 2008.

Beyond savings on holiday décor and gift items, Canadian Tire is also offering door crasher events on Saturdays, where everyday essentials are offered at incredible value. With distribution to 11 million households nationwide and 90% readership, Canadian Tire's flyer is the most widely read flyer in the country.

Canadian Tire Corporation, Limited (TSX: CTC.a, CTC) is comprised of five business units: Canadian Tire Retail, one of Canada's most-shopped general merchandise retailers with 476 stores; PartSource, an automotive parts specialty chain with 87 stores; Canadian Tire Petroleum, one of the country's largest and most productive independent retailers of gasoline, operating 273 gas bars, 268 convenience stores and kiosks, and 73 car washes; Mark's Work Wearhouse, one of the country's leading apparel retailers operating 374 stores in Canada; and Canadian Tire Financial Services that has issued over five million Canadian Tire MasterCard credit cards and markets related financial products and services for retail and petroleum customers. More than 57,000 Canadians work across Canadian Tire's organization from coast-to-coast in the enterprise's retail, financial services, and petroleum businesses.

SOURCE Canadian Tire Corporation, Limited

For further information: For further information: Lisa Gibson, Canadian Tire Corporation,

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