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Une communauté dédiée à l'achat de produits Canadiens.

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Is Tim Hortons Canadian? (www.cbc.ca)

submitted 2 days ago by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

In 1995, the business was bought by American burger chain Wendy's, and in 2014 became part of Restaurant Brands International.

This is where the idea of Tim's being Brazilian comes from. Restaurant Brands International's largest shareholder was the Brazilian investment firm 3G Capital.

In 2014, at the time of the takeover, 3G held 47 per cent of the voting power in Restaurant Brands International, but that has slowly decreased over time to 26 per cent as of Dec. 31, 2024.

Today, Canadian banks such as Toronto Dominion, Bank of Montreal, National Bank and Royal Bank, as well as Canadian institutional investors such as the CPP Investment Board, cumulatively hold a stake comparable to 3G, according to Michael Oliveira, the director of communications for Tim Hortons.

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[–] [email protected] 13 points 2 days ago (1 children)

Wikipedia considers them to be, but I consider that an error. Tim Horton's is foreign owned.

[–] [email protected] 4 points 2 days ago (1 children)

Is there any chance at all that you read the article?

[–] [email protected] 4 points 2 days ago

I'd say the chance is about 100% since it happened - there are plenty of locally run Canadian coffee shops that you should prefer over Timmies.