Canada has a well-earned, international reputation for franchise investors.
Mom-and-pop Tim Hortons franchisee investments:
- $1.8-Billion of current CDN franchisee cash flow is removed from +1,000 Canadian family’s life savings, and
- replaced by a government guaranteed “liar loan” program (moral hazard) which will be the debt trap for the next-generation of CDN immigrant Tim Hortons franchisees?
see William K. Black and an criminogenic environment,
Weak Ontario franchise law + lapdog CDN insolvency law + predatory franchise lending = Canadian securities regulation weakest link into North American capital markets