Concerned Raised Over Tim Hortons Proposed Take Over

The takeover of Tim Hortons by Burger King is a bad deal for Canadians.
That contention is being made by the Canadian Centre for Policy Alternatives.
Senior economist David MacDonald says 3G Capital, which owns Burger King, has a history of aggressive cost cutting over 30 years.
MacDonald estimates governments in Canada will lose from $355 to $667-million in tax revenue in the first five years of the deal.
He adds it could also result in over 700-layoffs in Canada.
MacDonald adds restaurant jobs won’t be affected because the individual Tim Hortons are operated as franchises.
He is predicting higher prices for consumers and less quality.