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John William Billes (1897 – November 1956) was a Canadian businessman and co-founder of Canadian Tire. Born in Toronto, Ontario, in 1922 he and his brother Alfred Jackson Billes bought Hamilton Tire and Garage Ltd. in Toronto.
J. William Billes was inducted posthumously into the Canadian Business Hall of Fame in 1990. He was a visionary with sound instincts who was able to successfully introduce new products and build a nationwide retail business. That same vision informed Billes’s legacy.
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- Canadian Tire Incorporates: 1927
- Postwar Years
- New President: Dean Muncaster
- Ownership Disputes
- 21st Century
Canadian Tire Corporation was launched by John William (J.W.) and Alfred Jackson (A.J.) Billes in 1922, when the two brothers purchased the Hamilton Tire and Garage Ltd., located in Toronto’sRiverdale neighbourhood. The pair bought the business for $1,800. The automotive market was growing; in 1927, Canada had the third highest car ownership per ca...
Toward the end of the war, Canadian Tire looked to expand further. To facilitate this, the company went public in 1944, selling 100,000 shares of stock at ten dollars apiece. This decision to go public was soon followed by A.J.’s development of a profit-sharing scheme with Canadian Tire employees, launched in 1946. Through the plan, the company red...
Once A.J. Billes cemented his hold as president of the company he cofounded, he began looking for successors. He gave direct control of the Canadian Tire flagship store at Yonge and Davenport to his eldest son, Fred, but he also began searching outside the family for a new leader. By 1964, A.J.’s doctors insisted that he step down as president, sin...
During the 1980s, the long-simmering disputes between the Billes family members erupted. In 1980, A.J. finally resigned from the company board when his wife Muriel passed, appointing his daughter, Martha. Rifts also began to emerge between the Billes family and Muncaster, namely over his expansion plans in Australia, A.J.’s desire to further expand...
Canadian Tire has undertaken several initiatives in its effort to remain competitive, particularly with the expansion of US-based chains like Walmart and Home Depot and growing competition from online retail services. The company homogenized the layout of Canadian Tire stores, using clearly delineated sections and providing information kiosks. In 2...
Nov 14, 2023 · Canadian Tire, a retail specialist in automotive, hardware, sports, leisure, and housewares, was founded by Alfred Jackson Billes and John William Billes. The company’s headquarters are at 2180 Yonge Street in Toronto. It has over 1,686 locations, including various store types and gas stations.
John William Billes. Born in 1897 in Toronto, Ontario, in 1922 John William Billes and his brother Alfred bought Hamilton Tire and Garage Ltd. at the south-east corner of Hamilton and Gerrard streets in east Toronto. The following year they moved the garage to downtown Toronto where they began the conversion to a garage/retail business. In 1927 ...
John William Billes: Founded Canadian Tire with his brother Alfred Jackson Billes in 1922 – All Items – Digital Archive Ontario.
In 1923, the brothers closed the garage and opened a retail outlet in downtown Toronto that specialized in the sale of tires. But customers of the Billes’ store could also buy parts to repair two of the most popular makes of cars at the time, Chevrolet and Ford. Within five years, brothers J.W. and A.J. had incorporated the company.
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