Tim Hortons is owned by Restaurant Brands International (RBI), a multinational fast food holding company. RBI was formed in 2014 through the merger of Tim Hortons and Burger King, with 3G Capital, a Brazilian-American investment firm, holding a significant stake in RBI. Though RBI is headquartered in Canada (Toronto), 3G Capital remains the major shareholder with a notable influence from beyond Canada. Tim Hortons itself retains a Canadian identity, with its corporate headquarters, roastery, and most franchise ownership based in Canada, employing over 100,000 people across approximately 4,000 locations in Canada operated predominantly by Canadian small business owners.