Some Tim Hortons locations raise prices on breakfast items in wake of wage hike
Tim Hortons donuts on display at the company's inaugural annual general meeting in Hamilton Friday May 4, 2007. (CP PHOTO/Lars Hagberg)
The Canadian Press
Published Friday, January 12, 2018 11:21AM EST
TORONTO -- The parent company of Tim Hortons says restaurants in select markets have increased prices on certain breakfast items.
Restaurant Brands International (TSX:RBI) of Oakville, Ont., says regular price adjustments are "a normal part of the restaurant business."
The increases come after the company landed in hot water with consumers when it was revealed some franchisees cut employee benefits to offset the impact of minimum wage hikes in Ontario.
On Jan. 1 the minimum wage in Ontario increased to $14 per hour from $11.60 -- a 21-per-cent jump -- which, along with other labour law changes, will cost the average franchise owner more than $200,000 per year.
The owner of the entire chain said last Friday that action by the franchisees didn't reflect its values.
But the statement from Tim Hortons head office didn't prevent protesters from rallying outside Tim Hortons locations across Ontario this week.