Canadian Tire Financial Services

3475 Superior Court, Oakville, Ontario L6L 0C6, CA
Phone Numbers
Tel: (866) 846-5841
Financials (CAD Millions)
Total operating revenue 2023: $385.0m
Total operating revenue 2024: $397.3m
Life Insurance products
Life Insurance
Auto Insurance
Property Insurance
President & CEO
Aayaz Pira (President and CEO, Canadian Tire Bank and President, Canadian Tire Financial)

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    Canadian Tire Financial Services: Overview

    Canadian Tire Financial Services operates under the business name of Canadian Tire Bank. Established in 2003 under the Bank Act, Canadian Tire Bank (CTB) assumed responsibility for financial services previously offered by CTFS. Alongside its MasterCard credit card services, Canadian Tire Bank has introduced a range of financial products including Deposit Accounts with high-interest savings accounts, tax-free savings accounts, and Guaranteed Investment Certificate (GIC) offerings, and Creditor Insurance (Life Coverage, Total Disability Coverage, Involuntary Unemployment Coverage).

    Canadian Tire Financial Services products’ pros and cons


    • Accessibility: Canadian Tire Financial Services Insurance is readily available to Canadian customers who are already engaged with Canadian Tire Bank or its affiliated services, providing convenience and accessibility.


    • Limited selection of insurance products: Canadian Tire does not offer an extensive list of Life Insurance and Living Benefits insurance products.

    Interested to see how Canadian Tire Financial Services rates compare with others?

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