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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. Following his death in 1956, his shares in the company were bequeathed to 23 ...
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 and Alfred J. Billes built the automotive supply company, Canadian Tire Corporation. The brothers introduced dealer-owned and operated stores, employees’ profit sharing and Canadian Tire money. Together, they revolutionized the car tire and auto parts business.
- 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...
William Biles (1644 – 19 May 1710) was an American judge, attorney, legislator, sheriff, land speculator and merchant.
A.J. (Alfred Jackson) Billes, CM (December 1, 1902 - April 3, 1995) was a Canadian businessman and co-founder of Canadian Tire. Biography. Born in Toronto, Ontario, Billes went at age 16 to work as a clerk at a branch of the Dominion Bank.
William Billings (born Oct. 7, 1746, Boston, Mass., U.S.—died Sept. 26, 1800, Boston) was the foremost composer of the early American primitive style, whose works have become an integral part of the American folk tradition. A tanner by trade, he was self-taught in music.
