Feds to investigate Tim Hortons parent company
There's word this morning, the federal government will begin an investigation into the parent company of the Tim Hortons chain.
A spokesperson for Innovation Minister Navdeep Bains says the government plan to investigate allegations made by a group of franchisees that Tim's owner Restaurant Brands International has failed to live up to promises it made to the federal government under the Investment Canada Act in 2014.
This comes after a lawyer for the Great White North Franchise Association sent a letter to the feds complaining about 3G Capital, the Brazilian company that owns RBI.
The franchisees complain RBI has been cutting costs and squeezing restaurant owners profits, as well as refusing to raise prices to help them deal with the minimum wage hike in Ontario.
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