Government-Owned Tim Hortons Bleed $487K in Latest Fiscal Year

Two Tim Hortons outlets operated by Windsor Regional Hospital are losing $1,336 daily — equivalent to 645 large Double Doubles — according to new financial documents obtained by SecondStreet.org through an access to information request.

The hospital-run locations lost $487,662 in fiscal year 2023/2024, following losses of $500,931 the previous year. The total deficit has surpassed $2 million since the hospital began operating the franchises around 2010, according to the think tank’s analysis.

The losses stand in stark contrast to Tim Hortons’ overall performance. The coffee chain’s parent company, Restaurant Brands International Inc., recently reported better-than-expected earnings across its approximately 4,000 Canadian locations, even amid recession concerns.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The hospital locations’ unusual financial situation stems from a past agreement with Unifor, the union representing hospital food service workers. As explained by then-CEO David Musyj to Postmedia in 2023, the hospital maintained Tim Hortons operations under the union agreement while contracting out main cafeteria services. 

Consequently, employees receive the same wages as unionized hospital staff — $23.26 per hour including benefits for retail servers, and up to $32.12 for cafeteria aides after one year, compared to Ontario’s minimum wage of $17.20 typically paid at standard locations.

The situation differs markedly from other food outlets at the hospital. A Subway and an Armando’s Pizza, operated by independent franchisees, generated $48,844 in rental revenue for the hospital in 2023/2024.

The problems date back to 2012, when the hospital’s original Metropolitan Campus location was losing $265,000 annually. Despite these losses, the hospital opened a second location at its Ouellette Campus in 2015, which briefly achieved profitability before falling into deficit. Currently, the Metropolitan location loses $297,400 annually, while the Ouellette location loses $190,262.

SecondStreet.org, which has tracked these locations since 2020, highlighted them in a broader study of 74 Canadian hospitals that collectively lose between $5 million and $6 million annually on cafeteria operations. 

The think tank argues these losses represent funds that could otherwise support patient care, noting the annual Tim Hortons deficit could fund approximately three heart transplants at $140,000 each.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Ontario Mortgage Delinquencies Have Now Climbed Every Quarter For 4 Years

Ontario homeowners have now recorded four straight years without a quarterly improvement in severe mortgage...

Tuesday, August 25, 2026, 06:37:49 AM

BC, Ontario Taxes Rumored To Approach 60% In New Budget

Finance Minister Chrystia Freeland will release Canada’s federal budget plan on March 28, and numerous...

Monday, March 20, 2023, 02:24:00 PM

Developers’ Influence on Greenbelt Extraction Sparks Controversy in Ontario

In a scathing special report, Ontario’s auditor general, Bonnie Lysyk, has revealed a troubling connection...

Thursday, August 10, 2023, 01:27:00 PM

Ontario Police Are Secretly Using Spyware That Can Hack Into Your Phone, Report Says

Ontario police forces are deploying commercial spyware that can remotely take over a suspect’s smartphone...

Wednesday, May 20, 2026, 05:48:16 AM

Ontario Budget Invests $500M in Mineral Processing

Ontario Finance Minister Peter Bethlenfalvy released the province’s 2025 budget Thursday, featuring a $500 million...

Monday, May 19, 2025, 12:09:00 PM