ADVOCACY UPDATE: September 28, 2023

September 28, 2023

CFA’S ADVOCACY PRIORITIES FOR 2022-2023

Access to Labour

Many franchised and non-franchised businesses are having trouble filling jobs at all wage levels. We are encouraging the government to make changes that will increase incentive for those looking for work as well as expand the pool of available workers in Canada.


RELEVANT NEWS

Labour market shows signs of cooling, but wage growth could be concern for Bank of CanadWhich 5 provinces are raising minimum wage Oct. 1?

Saskatchewan, Manitoba, Ontario, Nova Scotia, Prince Edward Island and Newfoundland and Labrador will see increases, leading to the wage ranging from $14 to $16.55 per hour. LEARN MORE


Small businesses underestimating their vulnerability to cyber risks – survey

The survey found that over 60% of small businesses believe their establishments are too small to be targeted by such attacks. This number climbed to 73% among sole proprietors. LEARN MORE


Immigrants to thank for Canada’s record population growth this year: StatCan report

Canada’s population surpassed 40 million on June 16 and grew to 40,097,761 by July 1, an increase of 1,158,705 people – or 2.9 per cent – from July 1, 2022. LEARN MORE

Inflation uptick could mean interest rates stay higher for longer

An updated economic outlook from Deloitte Canada released Thursday shows a rougher path than first thought for gross domestic product — the benchmark measure for Canada’s economic output. LEARN MORE


New economic numbers coming Friday are expected to show little or no growth. That might be good news

Robert Kavcic, director and senior economist at the Bank of Montreal, said he believes that the economy may have already shown enough signs of slowing for the Bank of Canada to stay put next month. LEARN MORE


Canadian economy to get ‘back on its feet’ next year, Deloitte Canada says

Canada’s near-term economic struggles will ease next year when growth returns and the Bank of Canada begins cutting its key lending rate, a new forecast from Deloitte Canada said. LEARN MORE


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

Thank You to Our Advocacy Champions

Thank you to our Advocacy Champions: Cobs Bread, Great Clips, Jani King and The UPS Store Canada
Support the CFA's Advocacy work

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.