Newcomers to Canada are more likely to start their own businesses than people born in the country, according to the Canadian Franchise Association (CFA). It adds that many of these new immigrants are choosing franchising as a way to take the leap to entrepreneurship, because it offers the support, structure, and brand recognition that makes the dream of business ownership accessible.
In addition, this model is helping newcomers build strong futures for themselves and their families while contributing to Canada’s economy in a big way.
Some quick facts
Canada’s immigrant population is growing rapidly, with over 8.3 million living in the country. That’s equivalent to 23% of the total population and the highest proportion among G7 countries. This number is expected to grow to almost 32% by 2041.
Franchising offers a smoother path to entrepreneurship. For newcomers navigating a new legal system, unfamiliar markets, and limited local networks, franchising offers structured support, from training and location scouting to vendor access and marketing.
Business ownership supports integration and citizenship. Research by IRCC and Statistics Canada has shown that immigrants who become Canadian citizens have higher employment rates and earnings, and business ownership can be a key pathway to citizenship.
Why franchising is ideal for newcomers
- It offers a proven business model with training and ongoing support
- It helps entrepreneurs navigate challenges like leasing, legal requirements, and vendor relationships
- Franchises exist across almost every business category, in 60+ different industries, so newcomers can choose something that matches their background or passion
- It provides a built-in network of fellow franchisees and community support
- It presents a business opportunity where the franchisee lives, allowing them to engage with and give back to their local community
- In many cases, it’s more affordable than starting from scratch
For more information visit https://cfa.ca/lookforafranchise/
