December 14, 2023
EPR Portal from Divert NS
On December 4, Divert NS opened their EPR Portal for producers to register for Nova Scotia’s Extended Producer Responsibility Program for Packaging, Paper and Packaging-Like Products (EPR for PPP). The deadline for registration is January 1, 2024.
Bank of Canada holds rates, wants more progress on inflation
The Bank of Canada held interest rates steady for a third consecutive meeting, acknowledging a stalled economy while keeping the door open to further hikes as officials watch for more progress on slowing inflation.
RELEVANT NEWS
Ex-Bank of Canada governors share their economic outlooks
David Dodge, who served as the Bank of Canada’s governor from 2001 to 2008 and, told BNN Bloomberg that he thinks Canada’s economy will rebound from its period of weakness.
International students say labour rule extension buys them time, but doesn’t solve financial strain
The policy, which was implemented in November 2022 as a way to help address a country-wide labour shortage, allowed international students to work more than 20 hours per week, and was set to expire after Dec. 31.
Bank of Canada seen pushing back on rate cut bets as financial conditions loosen
The recent drop in long-term borrowing costs will likely make it more difficult for the Bank of Canada to tame inflation and could delay a shift to interest rate cuts if it leads to a reheating of activity in the housing market, analysts say.
What population growth means for the economy and inflation
Speaking a day after the decision to hold interest rates steady at 5%, Deputy Governor Toni Gravelle discusses immigration, inflation and the role that newcomers play in helping our economy grow.
CFA’S ADVOCACY PRIORITIES FOR 2022-2023
- Access to Labour for Franchisors and Franchisees
- Access to Capital
- Common Employer: Adopt the 4 Factor Test
- Burdens of Small Business:
- Ensuring a Fair Playing Field for Franchised Business under Environmental Legislation
- Educating Public Officials About Franchising
Burdens of Small Business: Minimum Wage
The CFA seeks to ensure increases are predictable and phased in over a reasonable amount of time. Significant and unpredictable increases in the minimum wage can have a dramatic impact on our members and their businesses, potentially resulting in hiring freezes, price increases, and reduction of employee hours.
CFA ADVOCACY ACCOMPLISHMENTS
The CFA is dedicated to guaranteeing that policymakers nationwide recognize the significant role played by the franchise business model in Canada’s economy and its impact on the livelihoods of nearly two million Canadians employed in franchising.
Learn more about our recent advocacy accomplishments here:
2023 | 2022 | 2021 | 2020 | 2019
THE CFA NEEDS YOUR SUPPORT!
Be active, be engaged, and get involved with the CFA’s advocacy work to help protect the franchise business model.
We need your donation to help support the work we’re doing to protect, promote, and advance the franchise industry in Canada. By supporting CFA’s advocacy with a financial donation, you can help augment and strengthen our advocacy initiatives. Learn more about our initiatives here.
Thank You to Our Advocacy Champions
