Business Conditions in Canada: First Quarter of 2023
Statistics Canada conducted a report of the current business conditions and trends in Canada following the first quarter of 2023.
CFA’S ADVOCACY PRIORITIES FOR 2022-2023
- Educating Public Officials About Franchising
- Access to Labour for Franchisors and Franchisees
- Access to Capital
- Common Employer: Adopt the 4 Factor Test
- Ensuring a Fair Playing Field for Franchised Business under Environmental Legislation
Educating Public Officials About Franchising
There is a mistaken perception that franchised businesses are not local businesses. While many brands are recognized across the country and across the world, local stores are owned by franchisees that live and work in their communities, from coast to coast to coast.
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Bank of Canada launches public consultations on a digital dollar
As the world becomes increasingly digital, the Bank—like many other central banks—is exploring a digital version of Canada’s national currency. The consultation runs until June 19. READ MORE
Getting inflation back to 2%
Governor Tiff Macklem explains that higher interest rates are working to slow inflation but warns that getting all the way back to the 2% target may take time. READ MORE
Recent developments in the Canadian economy: Spring 2023
Statistics Canada created an integrated summary of recent changes in output, consumer prices, employment, and household finances. READ MORE
Minimum wage in Canada by province and upcoming changes
The federal minimum wage increased from $15.55 to $16.65 per hour on April 1, 2023. Click the link below to learn more about the per province changes. READ MORE
ADDITIONAL STORIES OF INTEREST
Business owners call for extension to repay COVID-19 loans | May 8, 2023
Canadian SMBs are confident about the future, but rising costs remain a concern | May 8, 2023
BoC’s Macklem: Until inflation reaches 2%, “our job is not done” | May 5, 2023