Tim Hortons raises price of muffins, sandwiches due to higher operating costs | iNFOnews | Thompson-Okanagan's News Source
Subscribe

Would you like to subscribe to our newsletter?

Current Conditions Cloudy  -5.3°C

Tim Hortons raises price of muffins, sandwiches due to higher operating costs

A server pours a cup of coffee in Toronto on May 10, 2012. Tim Hortons says it has raised the prices of certain baked goods and lunch items this week due to higher operating costs. THE CANADIAN PRESS/Chris Young

TORONTO - Tim Hortons (TSX: THI) says it has raised the prices of certain baked goods and lunch items this week due to higher operating costs, including the rising price of ingredients.

The coffee and doughnut chain says the price of a muffin is five cents higher, while sandwiches have gone up by about 10 cents.

The price of coffee has not changed.

Tim Hortons says higher commodity prices are one factor in the hikes, which will affect most locations.

The price increases come just after Maple Leaf Foods Inc. (TSX:MFI) warned this week that drought conditions will inflate food prices well into next year and maybe beyond.

Based in Oakville, Ont., Tim Hortons is Canada's biggest restaurant chain and the fourth-biggest in North America with more than 3,700 restaurants.

News from © The Canadian Press, 2012
The Canadian Press

  • Popular kelowna News
  • 'I’m blown away:' Kamloops Ebus driver reacts to viral TikTok video
    A Kamloops Ebus driver says he doesn’t know how to feel after thousands of people watched a TikTok and left positive messages for him on what he considered to be just another day at work.
  • Large blaze engulfs Lake Country house
    A large blaze that could be seen across Lake Country erupted from a house last night. Witnesses started reporting smoke and flames on social media at roughly 10 p.m. last night, Dec. 3 at a
  • Naughty Penticton Santa living large after mall firing
    A South Okanagan Santa doesn’t like the term “naughty” to describe a series of photos that got him fired from a mall years ago. He prefers the term “eye catching.&rdq
  • Person bear sprayed at Sahali store in Kamloops
    A person was blasted with bear spray by an alleged thief at a Sahali store last weekend. Police responded to the location on the 1200-block of Summit Drive where a woman released a can of be
  • The Stock Pot Café: a hidden Kamloops gem
    A warm, family-oriented restaurant can be found tucked away in a Kamloops industrial park. Despite its location far away from the main restaurant hubs, The Stock Pot Café draws custom
View Site in: Desktop | Mobile