How to be an American entrepreneur with a Canadian accent
A Canadian-born entrepreneur is taking over a $250 million-dollar company in the United States, turning it into a profitable franchise for McDonalds.
McDonalds Inc. is the latest company to be bought by an immigrant to the United State, and it comes as the nation grapples with the growing opioid epidemic and rising drug use.
Its acquisition comes as some U.S. states are considering laws to bar the importation of prescription painkillers from Canada.
The Canadian company’s deal comes after years of talks between the companies and President Donald Trump, who has repeatedly criticized Canada for allowing some immigrants to stay in the country.
Trump, who is a Republican, has said that he plans to make the U.A.E. a “sanctuary” for immigrants who come to the U., and in April, he signed an executive order to restrict the flow of refugees to the country, saying they would be sent back to the war-torn country.
In January, Trump said that Canada should be a “free country.”
McDONALDS, which has an annual revenue of $9 billion, is one of the most successful fast-food companies in the world, selling $100 hamburgers, fries, hot dogs and salads to more than 4 million customers a day.
It was founded in Ontario in 1971 by Michael McDonald and Michael Laidlaw.
McDonald’s operates more than 30 U..
S.-based restaurants in 20 states.
The company’s U.K.-based subsidiary, McDonald’s Europe, operates more restaurants in Ireland, where it has a 50 percent stake.
In June, McDonalds said it would close a restaurant in St. Louis, Missouri, after a white nationalist and anti-Semitic group threatened violence.
Last month, the president of the St. Petersburg, Florida-based American Israel Public Affairs Committee called on the U