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Canadian Tire Responds To Vancouver Water Crisis

Supplies of bottled water boosted for Vancouver-area stores; Foundation for Families donates water to assist low-income families

VANCOUVER (Friday, November 17, 2006) - Canadian Tire and its Associate Dealer network
in the Greater Vancouver area have moved quickly to ensure that Vancouver
residents have access to supplies of bottled water to help them through the
crisis currently affecting the region. Additional supplies of bottled water
are being dispatched to Canadian Tire stores in the Vancouver area and the
Company will continue to monitor inventory levels at the approximately
50 regional stores to assist with ongoing supply requirements.
To assist low-income families who struggle to meet life's basic needs,
the Canadian Tire Foundation for Families will be donating over 100,000 litres
of bottled water to local charitable organizations on an as needed basis over
the weekend. Residents who rely on the services of the Salvation Army can pick
up bottled water beginning Sunday, November 19th at the Harbour Light
location, 119 East Cordova Street.
Supported by an extensive network of more than 50,000 employees,
1,100 retail stores and gas bars and a Financial Services division, the
Canadian Tire Foundation for Families is committed to helping financially
disadvantaged families by ensuring life's basic needs are met - food, shelter,
clothing and essential goods - and by promoting healthy children through
access to sport and recreation. To date, the Canadian Foundation for Families
has donated more than $26 million to strengthen communities across Canada.

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COMPANY INFORMATION
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Canadian Tire
2180 Yonge Street, P.O. Box 770, Station K
Toronto, ON

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