CFA is pleased to announce that our lobbying efforts to preserve the Mature Franchisor exemption in the Alberta Franchises Act have been successful.

 

Through our consultations and CFA member input in government surveys, the Alberta government has agreed to maintain the Mature Franchisor exemption as-is until its next review in 2021.

 

Originally set to expire in Fall 2016, the Mature Franchisor exemption was being considered for removal from the Alberta Franchises Act by the Alberta government. This exemption allows a large size franchisor to be exempt from disclosing financial information if they meet criteria of established size and net worth. This exemption is important to many CFA franchisors and CFA took action in March of this year by having discussions with Alberta government representatives to make it clear that removal of the exemption would make Alberta an outlier in Canada, offside with other franchise legislation, and could make Alberta less attractive to investors.

 

At our encouragement, many CFA members participated in a government survey on this issue to support CFA's lobbying position. Through your support and participation, the power of CFA's advocacy message was amplified and the Alberta government clearly heard and understood the need for this exemption and how its removal would create potential negative implications to franchisors. CFA appreciates the Alberta government's course of action and thanks all CFA members for supporting our advocacy efforts on this issue. Your participation has made our impact and influence on government policy more effective.

 

For more information on this issue, or other advocacy issues CFA is fighting on your behalf, please contact Samantha Sheppard,  Government Relations Specialist, at  ssheppard@cfa.ca  or 1-800-665-4232 ext. 230.