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Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests


News provided by

Tim Hortons

May 22, 2026, 06:00 ET

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  • Nationally, Canadian restaurant owners are investing $270 million, in addition to Tim Hortons corporate investing an additional $130 million, in a plan to build or renovate 480 restaurants across the country.
  • In Prince Edward Island, one new restaurant is opening this year and one location is being renovated.
  • Restaurant investments generate valuable work for local suppliers and family businesses across Canada

CHARLOTTETOWN, PE, May 22, 2026 /CNW/ - There are 1,500 Canadian restaurant owners who proudly own and operate 4,000 Tim Hortons restaurants from coast to coast. This year, 340 owners are investing their own money to build or renovate 480 restaurants across the country.

In Prince Edward Island, one new restaurant is opening this year and one location is being renovated, including in Montague and Woodstock.

Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests
Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests Tim Hortons and the Restaurant Owner in Prince Edward Island to build or renovate two restaurants this year as part of national plan to invest $400 million to better serve guests

Every dollar of these investments stays close to home. Building and renovating restaurants across the country creates meaningful, ongoing work for local and regional tradespeople – electricians, plumbers, carpenters, masons, painters, tilers, mechanical companies, roofers, general contractors and more – in communities across every province.

Renovation and construction material for Tim Hortons restaurants are sourced through Canadian-owned businesses, with most items manufactured on Canadian soil. Our custom restaurant furniture is handcrafted in Montréal from 100% Canadian-sourced maple. Every piece of signage is designed, fabricated, and installed by Canadian suppliers. And restaurant artwork is conceived by Canadian artists, creatives and brought to life by Canadian makers.

"Tim Hortons was built in Canada by Canadians, and we are proud to continue investing in Canada to give our guests beautiful, modern restaurants to enjoy," said Axel Schwan, President of Tim Hortons. "These are Canadian families investing their own money in their own communities – and that's something we're proud of."

Renovations and New Builds Improve the Guest and Team Member Experience

  • Brighter, more beautiful restaurants: Guests want to visit and team members want to work in nice restaurants. With better lighting, layouts and design, renovated restaurants are more welcoming spaces for everyone.
  • Improved restaurant layouts: Better layouts allow team members to serve guests faster and more accurately.
  • Celebrating our Canadian heritage: As fixtures in communities for more than 60 years, it's important to reflect and celebrate Tims Canadian heritage and community connection. Canadiana and our commitment to supporting youth through Tim Hortons Foundation Camps is woven throughout the updated design.
  • A standout baked goods showcase: Tim Hortons restaurants sell the most baked goods of any QSR in Canada. At the heart of each restaurant is a beautiful baked goods showcase that shows off our delicious donuts, cookies, Timbits, muffins and more.
  • Improved digital ordering and pick up: Many guests choose to order using the mobile app or kiosk vs at the register. Renovated restaurants make it more clear how to order digitally on site or where to pick up mobile orders.
  • Upgraded kitchen equipment: To ensure that guests always have the best food and drinks, served hot and fresh, renovated restaurants upgrade key pieces of equipment.

2026 Renovations and New Restaurants in Prince Edward Island*
Although Tim Hortons restaurants are already very convenient, in Prince Edward Island the local owner is planning to open one new restaurant and renovate another location in 2026.


City

New Build

Woodstock

Renovation

Montague

*Best estimate as of May 2026

Nationally, 280 Canadian restaurant owners are investing in 400 renovations, with another 60 Canadian restaurant owners investing in 80 new locations.

2026 Tim Hortons Renovations and New Restaurants*

Province

New Tim
Hortons
Restaurants

Renovated

Tim Hortons
Restaurants

Total

Alberta

17

49

66

British Columbia

8

43

51

Manitoba

3

10

13

New Brunswick

3

19

22

Newfoundland & Labrador

2

11

13

Nova Scotia

2

15

17

Northwest Territories

1

0

1

Nunavut

0

1

1

Ontario

26

188

214

PEI

1

1

2

Quebec

14

51

65

Saskatchewan

3

12

15

Total

80

400

480

*Current estimate as of May 2026

From St. John's to Victoria, Tim Hortons restaurants are woven into the fabric of Canadian life. With nearly 4,000 locations across Canada, Tims is more than where Canadians grab their morning Double-Double™ – it's also one of Canada's most significant economic engines and owners are proud to pour back into their communities.

ABOUT TIM HORTONS
In 1964, the first Tim Hortons® restaurant in Hamilton, Ontario opened its doors and Canadians have been ordering Tim Hortons iconic Original Blend coffee, Double-Double™ coffees, Donuts and Timbits® in the years since. For more than 60 years, Tim Hortons has captured the hearts and taste buds of Canadians and has become synonymous with serving Canada's favourite coffee. Tim Hortons is Canada's largest restaurant chain operating in the quick service industry with nearly 4,000 restaurants across the country. More than a coffee and bake shop, Tim Hortons is part of the Canadian fabric and guests can enjoy hot and cold specialty beverages – including lattes, cappuccinos and espressos, teas and our famous Iced Capps® – alongside delicious breakfast, sandwiches, wraps, soups and more. Tim Hortons has more than 6,000 restaurants in Canada, the United States and around the world. For more information on Tim Hortons visit TimHortons.ca.

SOURCE Tim Hortons

[email protected]

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Organization Profile

Tim Hortons

Tim Hortons

About TIM HORTONS® In 1964, the first Tim Hortons® restaurant in Hamilton, Ontario opened its doors and Canadians have been ordering Tim Hortons iconic Original Blend coffee, Double-Double™ coffees, Donuts and Timbits® in the years since. Over the last 55 years, Tim Hortons...

    Also from this source

  • Tim Hortons and its Restaurant Owners in New Brunswick to build or renovate 22 restaurants this year as part of national plan to invest $400 million to better serve guests

  • Tim Hortons and its Restaurant Owners in Newfoundland and Labrador to build or renovate 13 restaurants this year as part of national plan to invest $400 million to better serve guests

  • Tim Hortons and its Restaurant Owners in Alberta to build or renovate 66 restaurants this year as part of national plan to invest $400 million to better serve guests

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