Lee Valley Tools
Lee Valley Tools Ltd. is a family-owned Canadian business specializing in tools and gifts for woodworking and gardening.
History
Lee Valley Tools was founded in 1978, in Ottawa, Ontario, by Leonard Lee, a recipient of the Order of Canada. Over the next ten years, the company opened several more stores in Toronto and Vancouver, and started manufacturing its own line of tools. Since then, it has continued opening stores, manufacturing more diverse tools, and selling through mail order and the internet.In 1998, Canica Design was launched. Canica is a medical design company associated with Lee Valley Tools which arose out of consultations between Leonard Lee and surgeon Michael Bell after Lee found that Bell was using Lee Valley tools in his plastic surgery practice.
Partly because of the company policy of enforcing and codifying the concept of “pay slope” limiting the pay at the highest levels in the company based on what the lowest paid employees earn, Lee Valley Tools earned a slot in the Forbes Top 500 Employers list in 2018.
In 2023, Lee Valley Tools had 18 stores, accounting for about half of its sales.