Key facts
- The Canadian Franchise Association is celebrating World Franchise Day.
- Local franchise owners are recognized for employing Canadians and investing in communities.
- The Canadian franchise industry is valued at $148 billion.
On World Franchise Day, the Canadian Franchise Association is celebrating the contributions of local franchise owners to the Canadian economy. Sherry McNeil, President and CEO of the association, stated that these local business owners are crucial for employing Canadians, investing in their neighborhoods, and fostering community growth. McNeil highlighted that franchising is not only a significant economic contributor but is fundamentally built upon the efforts of local entrepreneurs who make a daily difference. The Canadian franchise industry is valued at $148 billion.