"The company currently earns the substantial majority of its income in Canada," Tim Hortons said, owing to the fact that it has 2,930 outlets in Canada and 527 in the United States Current Tim Hortons shareholders would get stock in the new Tim Hortons on a one-for-one basis. Shareholders must still vote on the proposed rearrangement at a special shareholder meeting set for Sept. 22 in Oakville, Ont. Following the reorganization, Tim Hortons intends to maintain dual listings on both the New York Stock Exchange and Toronto Stock Exchange.