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Uploaded on Jun 9, 2009
Copyright CBS Sunday Morning -- COVER STORY: Donuts To Dollars -- Canada has more donut shops per capita than any country in the world — and the undisputed donut king in the Great White North is Tim Hortons, founded in 1964 by all-star hockey player Tim Horton.
Over the past 45 years, 3,000 Tim Hortons shops have sprung up across the Canadian landscape. There are more Tim Hortons in Canada then there are McDonalds, and sales in 2008 exceeded $2 billion. And now Tim Hortons has begun its push into the United States in earnest. Correspondent Jeff Glor examines this Canadian phenomenon, and checks in with its U.S. competitors.