TSX Now 300+ Pts Higher, Above 34,800 and At All Time High Levels

TSX Opens More Than 250 Pts Higher, Above 34.700 and At All Time High Levels

Restaurant Brands' Tim Hortons Launches Campaign to Hire 10,000 Local Team Members

Canadian iconic coffee chain Tim Hortons has launched a national campaign to hire 10,000 local team members, the Restaurant Brands International-owned quick service restaurant company (QSR.TO, QSR) said Monday.Tim Hortons added it will use a national campaign across TV, digital, paid social and in-restaurant channels to support natural turnover and growth of restaurants, including 80 new restaurants opening this year across CanadaRestaurant owners hosted 400 local hiring events in March and April this year, and they will continue throughout 2026, it noted.

Freehold Royalties Renews Its Normal Course Issuer Bid

Freehold Royalties (FRU.TO) received approval from the Toronto Stock Exchange (TSX) to renew its normal course issuer bid (NCIB), it said Monday.The company may buy back up to 13.7-million common shares, about 10% of its 163.96-million issued and outstanding shares as of May 14, less shares held by directors, executive officers and principal securityholders. The renewed NCIB is expected to start on May 27, 2026 and will cancel on the earlier of the date on which the company has acquired all shares sought pursuant to the bid, or to May 26, 2027, unless earlier cancelled at the option of the company, upon prior notice being given to the TSX.Freehold has established an automatic securities purchase plan with a designated broker whereby shares may be bought back at times when such purchases would otherwise be prohibited pursuant to regulatory restrictions or self-imposed blackout periods.Shares of the company closed up 0.2% to $17.60 on Friday on the TSX.