The Canadian Franchise Association (CFA) is celebrating today the inaugural World Franchise Day.
Established by the World Franchise Council, this global initiative aims to shine a spotlight on the dynamic world of franchising and its important impact on local communities and national economies, said the CFA.
Franchising empowers local entrepreneurs to thrive while benefiting from the support of an established system. Working tirelessly to drive economic growth and create job opportunities in their communities, franchisees embody the true spirit of entrepreneurship, using innovation, dedication, and hard work to succeed. What sets franchising apart is its unique model, allowing entrepreneurs to be in business for themselves, but not by themselves, with access to mentorship, training, and operational support that sets them up for success, said the CFA.
“Franchising is more than just a business model; it plays a vital role as a local job creator, economic contributor, and active participant in community initiatives,” said Sherry McNeil, CEO and President of the CFA.
“World Franchise Day gives us the opportunity to celebrate the power of the franchise industry, the entrepreneurial spirit of franchisees, and the incredible impact of franchising on both local and national economies.”
Among those celebrating World Franchise Day is Ontario Premier Doug Ford, who recorded a special message promoting the initiative.
For more on how the franchise community is celebrating this special day, visit https://www.cfa.ca/world-franchise-day
According to the CFA, which represents 700 corporate members and over 40,000 franchisees:
The Growing Franchise Community
The Canadian franchise industry represents the 12th largest sector of the Canadian economy, with over 67,000 franchise establishments.
Economic Impact of Franchising
The Canadian franchising sector contributes over $128.4 billion annually to the national GDP. In 2025, Canadian franchises are expected to contribute nearly $17.4 billion in federal taxes and $14.7 billion in provincial taxes.
Job Creation
One in 20 Canadians are employed, directly or indirectly, in a franchise system. Canadian franchises are estimated to create nearly 1.75 million jobs for Canadians in 2025, paying over $67 billion in wages.
Community Impact
Franchisees are deeply rooted in their local communities, and their contributions go far beyond economic metrics. Nearly all small retailers (97%) report contributing to their communities or provinces in some way, with 74% donating to local charities and causes, 56% sponsoring local events and teams, and 55% providing job opportunities for youth*.
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