Franchise Facts for Canada

As I continue to work with franchise organizations north of the border, I’m excited by the facts about franchising in Canada.

-The Franchise industry in Canada represents over $100 billion in sales annually
-Franchised businesses account for 40% of all retail sales
-There are over 78,000 franchises across Canada
-Canadian Franchise Association membership grows at a rate of 10% per year
-Franchising directly employs over 1,000,000 people
-Every year, thousands of Canadians are improving their lives by becoming franchisees
-Franchising accounts for $90 billion per year in sales nationally or 10% of Canada’s Gross Domestic Product (GDP)
-Franchising has been reported to account for one out of every five consumer dollars spent in Canada in goods and services

About the Canadian Franchise Association

With almost 500 corporate members nation-wide, representing many of Canada’s best-known brands, the Canadian Franchise Association is the national voice for Canadian franchising and works with all levels of government to ensure the development of industry-made solutions. The CFA promotes ethical franchising and educates Canadians about franchising, specific franchise opportunities and proper due diligence through its many events, programs and publications.

Source: Canadian Franchise Association