ADVOCACY UPDATE | July 27, 2023

Federal Cabinet Shuffle

As the federal government nears the two-year anniversary of its minority government, Prime Minister Trudeau made the largest and most significant mid mandate changes to his Cabinet since the 2015 election. These changes reflect the Prime Minister’s desire for a younger, more energetic Cabinet to lead the government into the next election.

Discover Potential Funding Opportunities Through Canada’s Business Benefits Finder

Search for relevant government programs and services for employers through Canada’s Business Benefits Finder.


CFA’S ADVOCACY PRIORITIES FOR 2022-2023

Common Employer

The CFA recognizes the changing needs of the environment and applauds government measures to control climate change and other harmful man-made affects. However, we remind the government to always consider the implications of their actions, including the costs and operational challenges associated with these goals.

Canada Digital Adoption Program

Technology and the pace of change has accelerated rapidly in the last few years. If you are having difficulty keeping up, or want to optimize the digital capacity of your business, consider applying for a Canada Digital Adoption Program (CDAP) Boost Your Business Technology.

If you have any questions about the grant, please reach out to digitaladoption-adoptionnumerique@ised-isde.gc.ca.


RELEVANT NEWS

The following news articles are only accessible to members of the Canadian Franchise Association (CFA). If you wish to join the association, please visit our membership page.

No further rate hikes expected in 2023, Bank of Canada survey suggests

The BoC’s second-quarter survey showed a median of the participants expect the bank to hold interest rates at a 22-year high of 5.00 per cent until the end of 2023, before starting to cut rates in March. Read more


The Bank of Canada might not want to admit it, but getting inflation down to 2 per cent could be easier than expected

Inflation here peaked lower (8.1 per cent) and sooner (June, 2022) than in all but a handful of OECD countries, and has likewise fallen further than all but a handful. Read more

Canadian Chamber of Commerce joins calls for extension of CEBA repayment deadline

The Canadian Chamber of Commerce and a coalition of industry associations have joined calls for the federal government to extend the deadline for small businesses to repay pandemic loans received through the CEBA program. Read more


Inflation has fallen, but the Bank of Canada hasn’t backed off rate hikes. Here’s why

Though the decline in inflation was praised by governor Tiff Macklem, he also issued a warning that the central bank is ready to raise interest rates further if needed. Read more


ADDITIONAL STORIES OF INTEREST


CFA ADVOCACY ACCOMPLISHMENT

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.