Canadian Tire

Forward-Looking Statements

Caution regarding Forward-Looking Statements

Information provided on the website of Canadian Tire Corporation (the "Company") including the reports posted thereto (collectively, the "Sustainability Reporting") contains forward-looking statements that reflect management's current expectations relating to matters such as future financial performance and operating results of the Company as well as the benefits and results of the Company's sustainability initiatives. Specific forward-looking statements included or incorporated by reference in this document include, but are not limited to, statements with respect to:

  • the Company's intention to expand the hydrogen clean;
  • the Company's plan to install additional vehicle charging stations at other Gas+ locations; and
  • Mark's plan to invest more in the CottonConnect partnership and the Company's expectation to increase the amount of sustainably-produced cotton used in Mark's apparel.

Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans, and allow investors and others to better understand the Company's anticipated financial position, results of operations and operating environment. Readers are cautioned that such information may not be appropriate for other purposes.

Certain statements other than statements of historical facts included in the Sustainability Reporting may constitute forward-looking statements, including but not limited to, statements regarding the expected benefits and results of the Company's sustainability initiatives and other statements concerning management's current expectations relating to possible or assumed future prospects and results, the Company's strategic goals and priorities, its actions and the results of those actions and the economic and business outlook for the Company. Often, but not always, forward-looking statements can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "estimate", "plan", "can", "could", "should", "would", "outlook", "forecast", "anticipate", "aspire", "foresee", "continue", "ongoing" or the negative of these terms or variations of them or similar terminology. Forward-looking statements are based on the reasonable assumptions, estimates, analyses, beliefs and opinions of management, made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable at the date that such statements are made.

By their very nature, forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that the Company's assumptions, estimates, analyses, beliefs and opinions may not be correct and that the Company's expectations and plans will not be achieved. Although the Company believes that the forward-looking information in the Sustainability Reporting are based on information, assumptions and beliefs that are current, reasonable and complete, such information is necessarily subject to a number of factors that could cause actual results to differ materially from management's expectations and plans as set forth in such forward-looking statements. Some of the factors, many of which are beyond the Company's control and the effects of which can be difficult to predict, include but are not limited to, changes in economic and market conditions, the possibility that the anticipated benefits and results from the Company's sustainability initiatives cannot be realized or may take longer to realize than expected and other risks and uncertainties discussed in the Company's materials filed with the Canadian securities regulatory authorities from time to time, including section 2.10 (Risk Factors) of the Company's Annual Information Form for fiscal 2016 and sections 7.2.4 (Retail segment business risks), 7.3.2 (CT REIT segment business risks), 7.4.3 (Financial Services segment business risks) and 12.0 (Enterprise risk management) and all subsections thereunder contained in the Company's 2016 Report to Shareholders, as well as the Company's other public filings, available on the SEDAR (System for Electronic Document Analysis and Retrieval) website at and at Management cautions that the foregoing list of important factors and assumptions are not exhaustive and other factors could also adversely affect the Company's sustainability initiatives.

Investors and other readers are urged to consider the foregoing risks, uncertainties, factors and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in the Sustainability Reporting are based on certain factors and assumptions as of the date hereof. The Company does not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time by it or on its behalf, to reflect new information, future events or otherwise, except as is required by applicable securities laws.

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