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Restaurant Brands International to Report Second Quarter 2025 Results on August 7, 2025

Restaurant Brands International to Report Second Quarter 2025 Results on August 7, 2025

Cision Canada6 hours ago

MIAMI, June 18, 2025 /CNW/ - Restaurant Brands International Inc. ("RBI") (NYSE: QSR) (TSX: QSR) (TSX: QSP) will release its second quarter 2025 financial results on Thursday, August 7, 2025 and will host an investor conference call that morning at 8:30 a.m. Eastern Time.
The earnings call will be webcast on the company's investor relations website (https://rbi.com/investors) and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: 1 (833)-470-1428 for U.S. callers, 1 (833)-950-0062 for Canadian callers, and 1 (929)-526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 391075.
About Restaurant Brands International Inc.
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with nearly $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.

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PM Modi, Croatia PM hold delegation-level talks in Zagreb
PM Modi, Croatia PM hold delegation-level talks in Zagreb

Canada Standard

timean hour ago

  • Canada Standard

PM Modi, Croatia PM hold delegation-level talks in Zagreb

Zagreb [Croatia], June 18 (ANI): Prime Minister Narendra Modi and Croatian Prime Minister Andrej Plenkovic held delegation-level talks in Zagreb, Croatia. Both countries signed agreements in the presence of PM Modi and Croatian PM Andrej Plenkovic in Zagreb. Earlier, PM Modi received a ceremonial reception in Zagreb, where he was accompanied by his Croatian counterpart, Andrej Plenkovic. It is the historic first-ever visit by an Indian Prime Minister to Croatia. Croatia is the last leg of his three-nation tour, including Cyprus and Canada, where he attended the 51st G7 Summit. PM Modi shared some pictures of interaction with the Indian community on X: 'Croatia's Indian community has contributed to Croatia's progress and also remained in touch with their roots in India.' 'In Zagreb, I interacted with some members of the Indian community, who accorded me an unforgettable welcome. There is immense enthusiasm among the Indian community here about this visit and its impact in making the bond between our nations stronger than ever before!,' he added. 'A welcome to remember in Zagreb, full of warmth and affection! Here are the highlights,' PM Modi said. PM Modi interacted with members of the Indian diaspora here on Wednesday as he arrived at a hotel in Zagreb, Croatia, marking the final stop of his three-nation tour. This is the first visit by an Indian Prime Minister to Croatia, marking an important milestone in the bilateral relationship, with the visit opening new avenues for bilateral cooperation in areas of mutual interest. The visit to Croatia will also underscore India's commitment to further strengthening its engagement with partners in the European Union. Before departing for Croatia, PM Modi described his visit to Canada as 'productive' and said the G7 Summit witnessed fruitful discussions on diverse global issues. 'Concluding a productive Canada visit. Thankful to the Canadian people and Government for hosting a successful G7 Summit, which witnessed fruitful discussions on diverse global issues. We remain committed to furthering global peace, prosperity and sustainability,' PM Modi said in a post on X. PM Modi participated in the Outreach Session of the G7 Summit in Kananaskis and addressed a Session on 'Energy Security: diversification, technology and infrastructure to ensure access and affordability in a changing world'. (ANI)

Average family to save $280 per year from Liberal tax cut: PBO
Average family to save $280 per year from Liberal tax cut: PBO

Toronto Sun

time2 hours ago

  • Toronto Sun

Average family to save $280 per year from Liberal tax cut: PBO

Published Jun 18, 2025 • 2 minute read Parliamentary Budget Officer Yves Giroux waits to appear before the Senate Committee on National Finance, Tuesday, Oct. 17, 2023, in Ottawa. Photo by Adrian Wyld / THE CANADIAN PRESS OTTAWA — The average Canadian family will save $280 on their taxes next year from the Liberal government's planned income tax cut, the parliamentary budget officer said in an analysis released on Wednesday. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account But some seniors and single Canadians are expected to save less, prompting criticism from Conservatives who argue the tax cut doesn't go far enough. The Liberal proposal would drop the tax rate to 14.5% from 15% on the first $57,375 of Canadians' taxable income this year, and down to 14% next year. The promise was a pillar of the Liberal campaign during the spring federal election. At the time, Prime Minister Mark Carney's plan pitched annual savings of up to $825 per dual-income family. When the legislation was tabled through a ways and means motion late last month, Finance Canada projected maximum tax savings of $840 per couple. Yves Giroux, the parliamentary budget officer, said Wednesday that the average family likely won't get that much back. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. On a per-person basis, the average tax filer is estimated to save $90 on their 2025 income taxes because the tax cut only takes effect on July 1. The PBO expects that average will rise to $190 in savings next year. Read More The PBO says a two-income couple in the second income bracket with a child would be expected to get the most back – $750 in average savings next year. For the average high-earning single Canadian with no children in the top tax bracket, the PBO said the typical savings would be roughly $350 annually. 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Chinese steel 'contributed to delays' in construction of Pattullo Bridge replacement, says advocate
Chinese steel 'contributed to delays' in construction of Pattullo Bridge replacement, says advocate

Vancouver Sun

time2 hours ago

  • Vancouver Sun

Chinese steel 'contributed to delays' in construction of Pattullo Bridge replacement, says advocate

A construction industry advocacy group says delays to the Pattullo Bridge replacement project can be blamed, in part, on the province's reliance on Chinese steel. Originally set to be finished by the fall of 2023, the project is not expected to be completed until this fall, two years behind schedule. Additionally, the cost has ballooned by 20 per cent to $1.637 billion from the original estimate of $1.377 billion. In a presentation to the province's select standing committee on finance and government services this week, Keanin Loomis, the CEO of the Canadian Institute of Steel Construction, told MLAs that some of the issues with the Pattullo replacement can be put down to the general contractor for the project sourcing steel and fabrication services from China. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. Loomis said the winning bid back in 2020 from Spanish multinational conglomerate Acciona and Canadian firm Aecon came in $20 million below the estimate put forward by the next lowest bid, led by Canadian company Supreme Steel. He said the steel used in the project was prefabricated in China, and when it was brought over to Canada there were issues in the welding, leading to delays and increased expenses as on-site workers had to fix the mistakes. 'The Pattullo Bridge is one of the prime examples across the country of what not to do when it comes to procurement of steel and going overseas,' said Loomis. 'My members are now fixing a lot of the mistakes. If you had gone with a Canadian fabricator, I'm sure that there would be cars driving on that bridge right now.' In fact, Supreme Steel has now closed much of its operations in B.C. It had bought the long-time construction giant Canron in the late 1990s, which was responsible for projects such as the Alex Fraser Bridge and Canada Place, but ultimately chose to wind down the company's facilities and consolidate jobs into its Alberta and Saskatchewan offices. A couple of decades ago, Supreme Steel had at least 250 employees as well as another 50 or 60 field employees. By the time operations were wrapped up, it had only a fraction of that many workers due to repeatedly losing out on bids for major projects such as the Johnson Street Bridge in Victoria and the Golden Ears Bridge in Maple Ridge to overseas companies. The fall of Canron is a story of the B.C. metal fabrication sector writ large, says Loomis, who says it costs too much for many companies to continue employing people in the province, especially when they continuously lose out on bids to foreign competitors. 'It's difficult to get fuel across the Rockies, and the cost of land in B.C. is also a huge part of the calculus, not just on wages,' he told Postmedia. 'If you're sitting on a couple of acres in the Lower Mainland and you're looking at all these jobs going to overseas fabricators, you're wondering if you can actually continue to exist. And in fact, many have pulled out.' Loomis said that while a good portion of the steel coming from China is high quality, some of it is what he calls 'Temu steel' — as it is mass-produced and low-quality, much like some products often available through the popular online retailer, Temu. The Pattullo Bridge replacement is the latest in a long line of provincial infrastructure projects coming in late and over budget. Earlier this month, provincial Transportation Minister Mike Farnworth admitted the Broadway Subway project, which is already two years behind schedule, will also cost almost $1 billion more than originally anticipated. Farnworth was unavailable to discuss the comments made by Loomis this week and his ministry did not respond in time to questions posed by Postmedia about the use of Chinese steel for the Pattullo Bridge replacement project and the closure of Supreme Steel's B.C. operations. Conservative MLA Elenore Sturko, who sits on the select standing committee on finance and government services, said she was shocked to hear about the issues with the Pattullo project, and drew it back to the recent controversy around B.C. Ferries' awarding a contract for four new vessels from a Chinese state-owned shipyard. 'You have to wonder what the true value in choosing overseas steel producers and providers versus the home-grown and home-produced steel that can be manufactured in Canada,' she said. 'It might look cheaper at the outset, but if we're ending up with delays and cost overruns because things like welds need to be redone by a Canadian contractor, if there really is no savings in the first place, we would have been much better off, even with a bid that would have been perhaps higher than what the Chinese company was bidding given the value in keeping jobs in B.C.' alazenby@

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