Franchise systems present a valuable investment proposition for both strategic and financial investors. The franchise business model as an expansion strategy has been on the rise across the globe for many years, and its growth together with its contributions to national gross domestic product (GDP) and job creation have outperformed other sectors and business models. Moreover, franchise systems have progressed well beyond traditional quick service restaurants to many other industries and sectors. Unsurprisingly, franchise businesses have increasingly become a focus for M&A deals, some of them large and complex. Take, for example, the recent Burger King C$14.6 billion acquisition and tax inversion involving Tim Hortons. Continue reading
There is a wide range of financing options available in Canada for new and expanding foreign businesses. Continue reading
Andrae Marrocco, Partner in the Toronto office of cross border law firm Dickinson Wright, has been recognized in the 2017 Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada. Continue reading
Lots of unexpected twists and turns await franchisors in this new ruling that is far from straightforward.
You might think that you know all about the Financial Accounting Standards Board’s new Revenue Recognition Standard that will take effect in 2018 for public companies, and 2019 for private companies. Continue reading
According to the Government of Canada, “Canada and the United States enjoy the longest, deepest, most peaceful, and mutually beneficial relationship between any two countries in the world. No two nations depend more on each other for their mutual prosperity and security than the US and Canada.” In 2016, bi-lateral trade between Canada and the U.S. exceeded CAD$841 billion. Continue reading
Canada’s tax rules are complex and subject to change. The information contained herein is not, and is not intended to be a comprehensive overview of Canada’s tax system. Continue reading
Andrae Marrocco, Partner in the Toronto office of cross border law firm Dickinson Wright, has been selected as a 2017 Legal Eagle by Franchise Times. The annual list of Franchise Times Legal Eagles recognizes the best attorneys in franchising (across the US and Canada) as nominated by their clients and peers, and selected by the editorial board after additional research by Franchise Times. Continue reading