Key Points
- A historic agreement was signed to strengthen the North American franchise sector
- The agreement aims to increase cooperation and education among the franchise sectors of the three countries
- The franchise sector makes a significant economic contribution in Canada, the United States, and Mexico
By the Numbers
The Canadian Franchise Association, the International Franchise Association of the United States, and the Mexican Franchise Association have signed a historic agreement to strengthen the franchise sector in North America. The agreement aims to increase cooperation, education, research, sharing of best practices, and internationalization among the franchise sectors of the three countries.
The agreement aims to bring together the franchise sectors of Canada, the United States, and Mexico to create a stronger franchise ecosystem. The three countries have one of the largest franchise ecosystems in the world, with over 1 million franchise businesses, more than 6,600 franchise concepts, and over 9 million people employed through franchising.
The agreement is expected to contribute to the growth and development of the franchise sector and have a positive impact on the economies of the three countries.
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Frequently Asked Questions
- What is the purpose of the agreement?
- To strengthen the North American franchise sector
- Which countries are covered by the agreement?
- Canada, the United States, and Mexico
- What is the economic contribution of the franchise sector?
- The franchise sector makes a significant economic contribution in the three countries
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