this post was submitted on 02 Feb 2025
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Canada
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Tim Hortons is a fully owned subsidiary of Restaurant Brands International. Restaurant Brands International is a public company traded on the NYSE and TSE with its headquarters in Toronto. A Brazilian investment company 3G Capital owns 32% of Restaurant Brands International via "3G Restaurant Brands Holdings LP".
Does that make it a Canadian company? Who the hell knows. It sure doesn't feel like it, even if it does technically have a Canadian HQ. I guess theoretically it means they pay their corporate tax in Canada. But, realistically, they probably are using various tax dodges to avoid paying much of anything.
IMHO they stopped being Canadian when they switched to hiring the cheapest TFW's they could, while championing how Canadian they are in all their advertising. Being Canadian is more than having your HQ in Toronto and sticking a maple leaf on everything.
Plus their food sucks now.