Sounds like Sears used to be
That's not a bad comparison. Not much clothing in a Canadian Tire (maybe some winter jackets, workwear, boots), but otherwise kind of similar. There's an auto service center attached to each one, plumbing, hardware, games & toys, lawn care, hunting, fishing, auto care & tool departments.
Walmart is in the same genre I suppose, minus the tool section and adding in grocery.
I disagree about tools not being a major part of it though. I expect, when Sears died, Canadian Tire took over as the de facto general purpose homeowner tool store. There probably isn't a Canadian who owns tools that doesn't have something Mastercraft or Maximum branded. There is probably MORE of that than Craftsman here.
That said, it's not a specialty or premium tool store, Most Mastercraft hand tools are made by Stanley - and to that same level of quality. There's a few decent things, but lots that just gets-the-job-done-cheap. Current Maximum stuff is made by Apex, so you see lots of things cloned from Gearwrench. It's far from junk - but Gearwrench isn't a premium brand either. I'm not sure who is making the cordless tools, but it's not SDB.
With the house brand tools, you might think to make a Harbor Freight comparison, but Canadian Tire also doesn't get into the niche stuff like HF, nor do they sell any of the bargain-basement, only-does-the-job-once tools.