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(Dave Bedard photo)
Livestock

Tim Hortons, Burger King to move toward cage-free eggs

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The owner of Canadian coffee-and-donut giant Tim Hortons and North America’s No. 2 burger chain, Burger King, has reset its goal to take the chains’ egg supplies “cage-free.” Restaurant Brands International, the parent firm for the two chains since their merger in late 2014, announced Monday it will move to 100 per cent cage-free eggs for […] Read more
(Dave Bedard photo)
Livestock, Markets

Tim Hortons owner profit beats Street on lower costs, new items

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Reuters — Restaurant Brands International, owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs. Most of Restaurant Brands outlets are in the U.S. and Canada. But the company has been opening new restaurants in France, Brazil, Russia and India, following its peers such as […] Read more
(McDonalds.ca)
Livestock

McDonald’s cage-free egg pledge pressures farmers

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Reuters — This month’s pledge by McDonald’s Corp. to phase out eggs laid by caged hens in its North American restaurants will increase competition for limited supplies of cage-free eggs. The ban, which follows similar moves by Burger King and food services company Sodexo, carries higher costs that may, at least initially, sting farmers. For […] Read more
(Dave Bedard photo)
Livestock, Markets

Owner of Tim Hortons, Burger King posts strong Q1

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Reuters — Restaurant Brands International said on Monday its Burger King and Tim Hortons chains posted their strongest same-store sales performance in years in the first quarter, with customers lured in by popular menu items. The company’s stock rose more than three per cent in early trading but later pared gains. U.S. chain Burger King […] Read more
(Dave Bedard photo)
Livestock, Markets

Tim Hortons shareholders approve Burger King deal

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Stockholders in Canada’s emblematic Tim Hortons coffee-and-donut chain have voted their shares in favour of U.S. fast-food chain Burger King’s marriage proposal. A special THI shareholders’ meeting held Tuesday at the company’s Oakville, Ont. headquarters saw the proposal receive about 99.2 per cent approval in votes cast. The two firms announced Tuesday their combined new […] Read more
(Dave Bedard photo)
Livestock, Markets

Burger King takeover of Tim’s gets federal approval

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Canada’s federal industry minister has given his blessing to the planned takeover of iconic coffee-and-donut chain Tim Horton’s by U.S. fast food giant Burger King. James Moore said Thursday his ministry has reviewed the proposed US$15.5 billion takeover, as the Investment Canada Act requires for such foreign investment transactions. Through the review of Burger King’s […] Read more
(Dave Bedard photo)
Crops

Antitrust watchdog clears Tim Hortons takeover

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Canada’s Competition Bureau has no plans to block Timmy’s entry to the Burger King’s kingdom. The bureau said Tuesday it has issued a “no action” letter confirming it won’t, at this time, challenge the US$15.5 billion merger of Tim Hortons into Burger King as proposed in August. The deal is “unlikely to result in a […] Read more

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