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Now is the Time to Fill Your Franchise Development Pipeline!
CFA Virtual Power Session | June 23, 2020
The Keys to Successful Franchise Development
Moderated by Jania Bailey, CEO, FranNet
Join us for a special two-hour, virtual Power Session, geared to empower you with insights and knowledge on franchise development in the “new normal” as the world moves past the COVID-19 crisis. If you want to ensure success and improve your franchisee acquisition, this session is for you!
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Keys to Successful Franchise Development Panel
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GetintheLoop is helping CFA members on the road to recovery!
We are hoping that we can contribute to getting your brand back to driving significant revenue. To help on the road to recovery, we are offering CFA members to join the platform for no cost, with no. obligation, for 3 months.
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Ontario Pauses Commercial Evictions
Ontario passed the Protecting Small Business Act, temporarily halting or reversing evictions of commercial tenants and protecting them from being locked out or having their assets seized during COVID-19. The legislation applies to businesses that are eligible for federal/provincial rent assistance for evictions from May 1, 2020 until August 31, 2020.
Ontario is encouraging landlords and tenants to participate in the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. The pause on evictions does not apply to those participating in CECRA for small businesses, as the program requires landlords to enter into a rent reduction agreement with their impacted small business tenants and commits them to a moratorium on evictions for three months.
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Kenney not committing to keeping Alberta's minimum wage at $15
In response to a question in Question Period, Alberta Premier Jason Kenney would not say whether he'd maintain Alberta’s $15 per hour general minimum wage in a post-COVID-19 economy. Kenney responded to the question from NDP Leader Rachel Notley by pointing to Alberta’s high unemployment rate and blaming the former NDP government for what he called its "job-killing policies."
Rachel Notley’s NDP government gradually raised the per hour general minimum wage from $10.20 in 2015 to $15 in 2018.
After defeating the NDP and winning a majority government, Kenney’s UCP government introduced a youth minimum wage of $13 per hour in June 2019.
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Canada tops 100,000 reported coronavirus cases
Ontario reported 173 new coronavirus cases on Thursday, pushing Canada's total number of confirmed and presumptive cases above 100,000.
As of 12:42 p.m. ET on Thursday, Canada had 100,146 confirmed and presumptive coronavirus cases. Provinces and territories listed 62,442 of those cases as recovered or resolved. A CBC News tally of deaths based on provincial data, regional health information and CBC's reporting stood at 8,348 after being revised down by one when health officials in Ontario's Peel Region updated their figures.
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Franchise premises leases have been impacted by Gov't Lockdowns
NFI is helping CFA members save on Franchise sales overhead. Many leases will need to be restructured for franchisees to survive, and Operations Manuals need updating to meet COVID-19 Protocols.
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Federal deficit could hit $256 billion, PBO
The parliamentary budget officer says in a new report that this year's federal deficit could hit $256 billion due to the COVID-19 pandemic. The result is the combination of an estimated total of $169 billion in federal spending on emergency aid and a historic drop in economic output.
The budget office estimates the economy could shrink by 6.8 per cent in 2020, the weakest showing since 1981 and double the record of 3.2 per cent shrinkage in 1982.
The overall deficit figure is only $3.8 billion higher than budget officer Yves Giroux's previous predictions, which his report says is due to a better economic outlook in the second half of the year that offsets some new spending.
Previously, Giroux estimated the economy could shrink by 12 per cent in 2020.
Giroux stresses that the figures are the outcome of one of many possible scenarios and not a certain forecast.
The report comes one day after Prime Minister Justin Trudeau promised to deliver a "snapshot" of federal finances on July 8 that will provide short-term spending estimates.
CERB and CEWS costs
The budget office now estimates the $2,000-a-month CERB will cost the government $61.1 billion, but pull in $7.7 billion when recipients are taxed on the income next year. The Liberals have promised to extend the benefits so recipients can receive 24 weeks instead of the current 16, and previously revised the budget for the program to $60 billion.
When the Finance Department increased the cost of the CERB, it also lowered the cost for the CEWS program from to $45 billion from $73 billion based on the take-up rate among businesses. Giroux's office estimates the wage subsidy to cost the treasury $55.6 billion.
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Voluntary nationwide contact tracing app coming soon
Prime Minister Justin Trudeau said today he hopes Canadians will download a new app on their cellphones that will alert them if they've come into contact with someone who has tested positive for COVID-19.
The federally-backed project has been spearheaded by the Canadian Digital Service, a federal initiative, and the Ontario Digital Service, with help from volunteers from the tech firm Shopify. It incorporates Bluetooth technology provided by Apple and Google. The app will undergo a security review by BlackBerry. The technology works by having people who test positive upload their results anonymously to the app, called COVID Alert, using a temporary code given to them by a health care provider, said a federal media release.
Other users who have the app and who have been near someone who has tested positive will then be alerted that they've been exposed and a notification will encourage them to reach out to their local public health authorities.
Ontario will roll out the app first. Officials in that province said they hope to have the app available for download on July 2 for iPhones running iOS 5.0 or later versions, and for Android phones running Android 6.0 or later versions.
App use is voluntary, says PM.
The privacy commissioner was helping with the development of the app. Therefore, no personal information will be shared. The app is super secure. The app will be available on July 1st.
Alberta has been using its own app called ABTraceTogether for weeks now. That has some people worrying about a patchwork of apps across the country that could lead to confusing messaging, low uptake numbers and inconsistent data.
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Thousands of tourists, shoppers still trying to enter Canada despite COVID-19 travel ban
Canadian border agents have turned away more than 7,500 foreigners – mostly Americans – trying to visit Canada for non-essential purposes, including sightseeing, shopping and recreation, since pandemic restrictions on travel were imposed.
The latest data available from the Canada Border Services Agency reveals that 7,639 foreign nationals were denied entry to Canada under the discretionary travel ban between March 22 and June 16.
Americans accounted for 87 per cent of those denied entry, with 6,615 U.S. citizens being sent home by Canadian border agents. The remaining 1,024 people denied entry were citizens of other countries not specified by the CBSA.
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MISSED TODAY'S WEBINAR?
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JUNE 18, 2020
AT 3:00 PM ET
How Pivoting Your Franchise Operations will Create Success
50 CFE PARTICIPATION CREDITS
In this webinar, learn about how to use data effectively to navigate the new environment, and how communication is your best ally.
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SPONSORED BY:
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UPCOMING WEBINAR
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JUNE 25, 2020
AT 2:00 PM ET
Leadership Panel Discussion
50 CFE PARTICIPATION CREDITS
MODERATOR: John Dehart, Hartify Franchise Brands
SPEAKERS: RLenka Whitehead, Oxford Learning Centres; Murray Oxford, Jani-King
In only three short months, the COVID-19 pandemic has completely changed the way we work and do business. While no two businesses have been impacted in exactly the same way, this webinar will provide you with the opportunity to ask questions and gain insights and advice on how to lead through the next phases of change from experienced franchisors.
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Feedback from our Members
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“Thank you, CFA. Well done on your daily notices. They are a big help for all of us during these uncertain times. Thanks again for being the trusted voice of the Canadian franchise industry.”
- Ken LeBlanc, President, PropertyGuys.com
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COVID-19's impact on the world is creating waves across all sectors and industries.
Every member of the CFA community is dealing with an issue that is affecting the world, our industries, our communities, our businesses, and our people.
We would like to hear from you if you have any topics, issues or questions to navigate turbulent times in order to support you further:
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Subscribed to the Daily Update
If you would like to subscribe all your franchisees to receive our Daily Update, please contact Alex Mann at amann@cfa.ca.
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