The Financial Post reports in its Thursday, May 7, edition that Restaurant Brands International (RBI) says it plans to invest more in Canada this year as it accelerates the pace of Tim Hortons remodelling and new store openings. The Post's Jane Switzer writes that RBI says it is planning more than 300 remodels and will inject "hundreds of millions of dollars of investments" back into local markets. Chief executive officer Josh Kobza said: "We're going to be opening up restaurants and bringing Tims to new markets and new communities. We're making huge investments that I think almost nobody else is making or can make in Canada." RBI reported $461-million in net income attributable to common shareholders for the three months ending March 31, up from $217-million a year earlier. Diluted earnings per share were $1.32, up from 66 cents a year earlier. Revenue for RBI, which also owns Burger King, Popeyes and Firehouse Subs, increased from $2.87-billion to $3.08-billion. System-wide sales grew 2.4 per cent for Tim Hortons, which represents 41 per cent of RBI's operating profit. Mr. Kobza said the chain marked 20 consecutive quarters of positive same-store sales, which were up 1.6 per cent year over year.