Why Burger King’s Tax Inversion is Good for Canada
Economic News / Taxes

Why Burger King’s Tax Inversion is Good for Canada

Let’s call it a Whopper of a deal: the latest corporate buzz surrounds Burger King’s recent $11-billion acquisition of beloved Canadian brand Tim Horton’s. This new merger makes it the third largest fast food chain in the world behind Subway and McDonald’s. The combined company, owned by Brazilian private-equity firm 3G Capital Inc. with a 70 per cent majority, will be headquartered in Oakville, Ontario. The move is causing controversy on both sides of the border – but Canada has much to gain from the deal. Continue reading »