Claude LHeureux - Canadian Tire Non Independent Director
| CTC Stock | CAD 233.56 11.31 5.09% |
Director
Mr. Claude LHeureux serves as Non Independent Director of Canadian Tire Corporation Limited. He is a President of Gestion Claude LHeureux Inc., which operates a Canadian Tire Store in Orlans, Ontario. Mr. LHeureux was a Canadian Tire Dealer since 1983 and has operated a number of Canadian Tire stores in Ontario and Quebec. He was VicePresident of the Canadian Tire Dealers Association from 1999 to 2001. He has also served as a director of the Canadian Tire Dealers Association, as Chairman of three regional Dealer groups and on numerous Canadian Tire Dealers Association committees. Mr. LHeureux was the recipient of the Canadian Tire Award of Excellence in 2000. He has also served on the board of The West Island Community Share and the Snow Suit Fund of Ottawa. since 2011.
| Tenure | 13 years |
| Address | 2180 Yonge Street, Toronto, ON, Canada, M4P 2V8 |
| Phone | 416 480 3000 |
| Web | https://www.corp.canadiantire.ca |
Canadian Tire Management Efficiency
The company has return on total asset (ROA) of 0.0372 % which means that it generated a profit of $0.0372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1123 %, meaning that it generated $0.1123 on every $100 dollars invested by stockholders. Canadian Tire's management efficiency ratios could be used to measure how well Canadian Tire manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.13, while Return On Tangible Assets are likely to drop 0.01. At this time, Canadian Tire's Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 384.5 M, while Total Assets are likely to drop about 11.1 B.Similar Executives
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Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0372 |
Canadian Tire Leadership Team
Elected by the shareholders, the Canadian Tire's board of directors comprises two types of representatives: Canadian Tire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Tire's management team and ensure that shareholders' interests are well served. Canadian Tire's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Tire's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cynthia Trudell, Independent Director | ||
| Darryl Jenkins, Chief Officer | ||
| CPA CMA, CFO VP | ||
| Greg Hicks, President, Chief Executive Officer, Director | ||
| Allan MacDonald, Executive Vice President - Retail | ||
| Susan OBrien, Senior Vice President - Marketing and Corporate Affairs | ||
| Karen Keyes, Head Relations | ||
| Mark Derbyshire, Independent Director | ||
| John Furlong, Independent Director | ||
| Rex Lee, Senior Vice President, Chief Information Officer | ||
| Gregory Hicks, President CEO | ||
| Stephanie Nadalin, VicePresident Communications | ||
| Maureen Sabia, Independent Non-Executive Chairman of the Board | ||
| John Salt, Senior Vice President - Supply Chain | ||
| Robert Mongeau, Senior Vice-President - Real Estate | ||
| James Christie, Executive Vice President - CTC, Strategic Advisor and General Counsel | ||
| Donald Murray, Non Independent Director | ||
| Aayaz Pira, Pres Services | ||
| Peter Czank, President Mark’s | ||
| Gregory Craig, Executive Vice President, Chief Financial Officer | ||
| Jane Nakamachi, Senior Vice President - Talent | ||
| Patrick Connolly, Independent Director | ||
| Johnathan Pershing, Executive Vice President of Human Resources | ||
| Claude LHeureux, Non Independent Director | ||
| Mahes Wickramasinghe, Executive Vice-President - CTC, President - Canadian Tire Financial Services, President and CEO of Canadian Tire Bank | ||
| Norman Jaskolka, Independent Director | ||
| Eric Anderson, Independent Director | ||
| Iain Kennedy, Executive Vice President - Enterprise Technology and Supply Chain | ||
| Jane Shaw, VP Communications | ||
| Diana Chant, Independent Director | ||
| David Court, Independent Director | ||
| Thomas Flood, President FGL Sports | ||
| Owen Billes, Non Independent Director | ||
| James Goodfellow, Independent Director | ||
| Bob Hakeem, Executive Officer | ||
| Martha Billes, Independent Director |
Canadian Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Canadian Tire a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Pair Trading with Canadian Tire
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Tire position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Tire will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Canadian Tire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Tire when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Tire - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Tire to buy it.
The correlation of Canadian Tire is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Tire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Tire moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Tire can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Canadian Stock
Canadian Tire financial ratios help investors to determine whether Canadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian Tire security.