Canada is getting a sovereign wealth fund. What are they and how might this one work?

Tim Hortons will reduce its reliance on the Temporary Foreign Workers (TFW) program as it commits to hiring 10,000 “new local team members” across Canada. In a press release on Monday, the restaurant chain announced a new national hiring campaign, which invites “all aspiring team members to apply to join a Tim Hortons restaurant this summer.” The announcement follows last week’s news that 80 new restaurants will open this year in Canada, while 400 existing locations will be renovated. The company added: “This is part of the brand’s strong, ongoing commitment to hire locally, whenever...