In an impressive achievement, Canadian Tire has been recognized as one of the top 10 most trustworthy retailers globally, according to Newsweek’s annual ranking.
This prestigious acknowledgement places Canadian Tire in seventh place overall, solidifying its status as a brand Canadians can continue to rely on.
The ranking, now in its second year, highlights 1,000 companies from 23 industries and 20 countries that have “earned the confidence of consumers, investors, and employees by producing quality products, paying employees fair wages, and appointing effective leaders,” according to Nancy Cooper, global editor-in-chief of Newsweek.
The evaluation process involved an independent survey of over 70,000 participants and 230,000 evaluations from customers, investors, and employees. In the retail category, Canadian Tire Corporation was listed among 72 global brands, making it the highest-ranked Canadian retailer and one of only two Canadian companies to appear on the list.
The top spot in the retail category went to Zooplus, a German pet supplies company, followed by U.S.-based Chewy and Amazon. British retailer Marks and Spencer came in fourth, with Costco rounding out the top five.
"Our inclusion on the list of the World's Most Trustworthy Companies reinforces and fuels our Brand Purpose: 'We Are Here to Make Life in Canada Better.' Trust is earned over time and if nurtured and protected, becomes a company's greatest asset," said Susan O'Brien, Executive Vice President and Chief Brand & Customer Officer, Canadian Tire Corporation.
This recognition highlights Canadian Tire’s commitment to producing quality products and providing fair wages, and effective leadership values that have earned the trust of consumers, employees, and investors alike. As a beloved staple in Canadian households, Canadian Tire’s presence on the global stage emphasizes its ongoing dedication to maintaining trust across all facets of its business.
For Canadian shoppers, this accolade reaffirms what they’ve known for generations—Canadian Tire is more than a store; it’s a trusted part of everyday life.
You can learn more and check out the complete list of companies here.
