Source: The Quebec Franchise Council
Local businesses, local products and services, local people
Montreal, April 14, 2020 – The Quebec Franchise Council (CQF) welcomes the Panier Bleu project and its support for Quebec merchants. The CQF brings together a vast network of Quebec entrepreneurs from 460 banners in various sectors committed to making their products and services accessible online during the COVID-19 crisis.
" Several initiatives are being deployed across the country to help Quebecers and businesses cope with this exceptional crisis. Our members are also contributing to this vast collective movement of solidarity," emphasizes Christian Champagne, President and CEO of the CQF. "In food, health, restaurants, personal care, specialized services, and many other sectors, everyone is committed to making life easier for people and families here during this ordeal. The online presence of our members and the access they provide to their products and services are a testament to this. "
Large swathes of major industries are made up of franchises. For example, in the restaurant industry, a quarter of Quebec's businesses are franchised. As for healthcare, franchises represent one in five points of sale. Franchises also provide more than 406,000 direct and indirect jobs for as many Quebecers, or approximately 10% of jobs in Quebec. The banners present here are therefore significant wealth creators. More than half have their head offices here, and 80% of franchised businesses are located in the regions. The owners of these franchises are Quebecers who live here and drive our economy.
Some figures on franchising in Quebec *
– Business volume :
The turnover of Quebec brands was nearly $20 billion in 2016. More than 60% of franchisors' sales come from three sectors: healthcare, food and restaurants.
– Jobs :
Nearly 345,000 jobs were directly linked to the activities of Quebec retailers in 2016, representing more than 4% of the total number of jobs in our country. The main sectors are restaurants (70,680), automotive (66,990), food (69,670), specialized services (44,940) and health care (36,170).
– Value added to GDP :
The impact on the GDP of the activity of Quebec franchised businesses represents approximately 6.5% of Quebec GDP.
About the CQF
The Quebec Franchise Council brings together franchisors, franchisees, and suppliers in the franchise industry in Quebec. With more than 8,000 franchisees and over 460 franchisors, this sector is one of the most dynamic and contributes tirelessly to job creation here.
* Economic analysis of the franchise industry in Quebec, Raymond Chabot Grant Thornton, June 2018.
For information and interviews: Christian Champagne, President and CEO
Source: The Quebec Franchise Council