Tim Hortons announced Tuesday that it is moving its headquarters from Oakville, Ontario to downtown Toronto.
The company said it will relocate to a 65,000-square-foot space in the Exchange Tower in Toronto’s financial district.
“By moving our office and Global Restaurant Support Centre to Toronto, we are reinforcing our commitment to our Canadian roots and continuing to push forward as a leader in our industry,” the company said in a news release.
“This major metropolitan environment will provide a platform for us to further expand our leadership in Canada by bringing us closer to our business partners and the people on the front lines of tomorrow’s industry trends,” said Tim Hortons president Alex Macedo.
“This change is another part of our journey to build a stronger Tim Hortons and will enable us to harness the power of technology and innovation to better serve our guests and restaurant owners for years to come.”
Tim Hortons has called Oakville home for more than 50 years. The move will impact hundreds of workers in Oakville.
“It is our hope that all our current and future employees embrace this positive change and join us in this next exciting chapter,” said Macedo.