Andrae Marrocco and Ned Levitt are contributors to the Commercial Law Module of Lexis Practice Advisor Canada, providing valuable commentary and precedents on the subject of Franchising Documentation and Franchise Disclosure.
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In Canada, six of the 13 provinces and territories have adopted franchise specific legislation: Alberta; British Columbia; Manitoba; New Brunswick; Ontario; and Prince Edward Island.
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.