{"id":2993,"date":"2014-08-26T05:36:00","date_gmt":"2014-08-26T09:36:00","guid":{"rendered":"http:\/\/www.routineproceedings.com\/?p=2993"},"modified":"2014-08-26T00:05:00","modified_gmt":"2014-08-26T04:05:00","slug":"roundup-protectionism-panic","status":"publish","type":"post","link":"https:\/\/www.routineproceedings.com\/2014\/08\/26\/roundup-protectionism-panic\/","title":{"rendered":"Roundup: Protectionism panic!"},"content":{"rendered":"

Panic! Burger King may be looking to buy Tim Horton\u2019s in order to move their combined headquarters to Canada in order to take advantage of a lower tax rate! But let\u2019s all be concerned about the loss of a national treasure \u2013 um, which has only just returned its headquarters to Canada after it spun off from American owners Wendy\u2019s. The NDP were immediately out front, concern trolling<\/a> about the loss of small town Tim Horton\u2019s outlets and Canadian jobs when in fact the bigger story is that Burger King wants to move their headquarters here, meaning money in government coffers \u2013 while the practice of \u201ctax inversion\u201d (where a larger company buys a smaller one in a lower-tax jurisdiction and moves their joint headquarters to the lower tax jurisdiction) angers American Congressmen. Canadian Business<\/em> wonders<\/a> what\u2019s in it for each partner of the takeover, while Jason Kirby wonders if the merger is trying to mask<\/a> each other\u2019s weaknesses. Here\u2019s a look at the activist investor<\/a> who was behind the previous move, and who is helping to drive the current one. Here\u2019s a history<\/a> of Tim Horton\u2019s ownership, and a history of the less-than-optimal past partnership<\/a> with Wendy\u2019s. If you\u2019re concerned about brand nationalism<\/a> \u2013 which companies are still \u201cCanadian\u201d \u2013 it may be a dying trend in a globalized future, but here are five that are still ours. And Stephen Gordon leaves us with this:<\/p>\n

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\u201cI just don\u2019t feel right about the BK-Tim Horton\u2019s deal\u201d is not a reason to demand govt intervention to stop it.<\/p>\n

— Stephen Gordon (@stephenfgordon) August 26, 2014<\/a><\/p><\/blockquote>\n