Winnipeg Free Press - PRINT EDITION

It's coffee change for Tim's

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Manitoba Premier Greg Selinger meets construction worker Mike Byzuk of Don Sikora Contarcting Ltd at the unnamed Tim Horton Youth Leadership Camp to be built on Sylvia Lake on the Winnipeg River system-See Bruce Owen story- August 13, 2013   (JOE BRYKSA / WINNIPEG FREE PRESS)

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Manitoba Premier Greg Selinger meets construction worker Mike Byzuk of Don Sikora Contarcting Ltd at the unnamed Tim Horton Youth Leadership Camp to be built on Sylvia Lake on the Winnipeg River system-See Bruce Owen story- August 13, 2013 (JOE BRYKSA / WINNIPEG FREE PRESS)

Premier Greg Selinger claims the $2.1 million his government has paid for the road and hydro line into the Tim Horton Children's Foundation Youth Leadership Camp is well spent (Whiteshell camp for kids taking shape, Aug. 14).

Tim Hortons probably agrees. After all, the coffee giant did not have to use its resources. Its 2012 financial statements show it has $146 million in working capital, of which $120 million is cash. It also reports equity of $1.19 billion.

Meanwhile, Manitoba's debt is around $17 billion. Well spent, indeed.

HUGH ARKLIE

Dugald

Republished from the Winnipeg Free Press print edition August 16, 2013 A12

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