RBI, parent of Tim Hortons, planning 'huge investments' in Canadian markets

The parent company of Tim Hortons says it plans to invest more in Canada this year as it accelerates the pace of the coffee chain’s remodels and new store openings.

Restaurant Brands International Inc. (RBI) is planning more than 300 remodels and will inject “hundreds of millions of dollars of investments” back into local markets, chief executive Josh Kobza said during the company’s first quarter earnings call on Wednesday.

“We’re going to be opening up restaurants and bringing...