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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.
On May 23, 2017, the Government of Ontario’s Special Advisors released their Final Report from the Changing Workplaces Review (Final Report) which outlines 173 recommendations to amend the Employment Standards Act (Ontario) (ESA) and the Labour Relations Act (Ontario) (LRA).
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.
There is a wide range of financing options available in Canada for new and expanding foreign businesses.
Lots of unexpected twists and turns await
franchisors in this new ruling that is far
from straightforward.
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.
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.
Several different business structures may be used to conduct business in Canada. Non-residents looking to engage with Canadian businesses, or those intending to carry on business in Canada, should familiarize themselves with such structures.
With its stable political and economic landscape, independent governments and courts, skilled workers and high standard of living, Canada is an attractive country in which to do business.
Download the March 2017 issue of the Dickinson Wright Franchise & Distribution Law Newsletter.