(Popeyes via Businesswire.com)

Tim Hortons owner confirms US$1.8B deal for Popeyes

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for US$1.8 billion in cash. The deal is a bet by Oakville, Ont.-based Restaurant Brands that it can use its international reach to introduce Popeyes’ Louisiana-style fried chicken and buttermilk biscuits


A Popeyes Louisiana Kitchen outlet in Costa Rica. (Businesswire.com)

Tim Hortons owner reported near deal to buy Popeyes

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen, people familiar with the matter said Monday. The deal, which will likely value Popeyes at more than US$1.7 billion, is a bet by Oakville, Ont.-based Restaurant Brands that it can



(Dave Bedard photo)

Tim Hortons to enter Mexican market

Reuters — Restaurant Brands International said it would launch its coffee and doughnut chain, Tim Hortons, in Mexico as a part of its expansion plans. The company said it would form a master franchise joint venture with a group of investors, whom they did not name, to launch the brand. The joint venture company will

A+W, whose English Muffin Bacon + Egger is shown here, plans to go head to head against McDonald’s in offering all-day breakfast across Canada by the end of February. (CNW Group/A+W Food Services of Canada Inc.)

McDonald’s, A+W roll out all-day breakfast for Canada

Burger chains McDonald’s and A+W expect to dial up their demand for Canadian eggs as they offer all-day breakfasts alongside their beef and chicken wares across the country, starting next month. Toronto-based A+W announced Thursday it would be “the first national burger chain to offer all-day breakfast at its restaurants” coast-to-coast starting Feb. 27, after


Quebec Agriculture Minister Pierre Paradis. (MAPAQ.gouv.qc.ca)

Quebec agriculture minister temporarily sidelined

Quebec’s agriculture minister Pierre Paradis is off work temporarily with what’s reported to be a concussion. Premier Philippe Couillard announced Wednesday that Paradis’ responsibilities as minister of agriculture, food and fisheries would temporarily go to Transport Minister Laurent Lessard. News outlets in Quebec including Radio Canada, La Presse and TVA reported Wednesday that Paradis had

(PortMetroVancouver.com)

Australia, New Zealand pledge to salvage TPP

Reuters — Australia hopes to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations into the agreement in the wake of U.S. President Donald Trump’s decision to pull his country out of the pact, its trade minister said on Tuesday. New Zealand’s trade minister said ministers from the remaining TPP countries would


(EC.europa.eu)

EU-Canada trade deal clears further hurdles in Europe

Brussels | Reuters — A planned EU-Canada free trade deal received backing from a committee of the European Parliament and Germany’s top court on Thursday, increasing its chances of entering force later this year. The European Union and Canada signed the Comprehensive Economic and Trade Agreement (CETA) in October, but only after opposition from a

(DonaldJTrump.com)

Protectionism game comes with raised economic stakes: Frum

As U.S. president-elect Donald Trump’s inauguration day approaches, the business world is pondering how the new administration might affect the world economy. Trump’s pride in his unpredictability is troubling, given he’s the president-elect, said David Frum, political commentator, former speechwriter for President George W. Bush, and a senior editor for Washington-based magazine The Atlantic. However,