By law, franchisors in all provinces are required to provide franchisees with balance sheet and income statement information, as well as any bankruptcy history.

Question

Quizplus · Accepted Answer

Not all provinces in Canada have specific franchise disclosure laws requiring franchisors to provide such detailed financial information. Only certain provinces, like Ontario, Alberta, and British Columbia, have franchise disclosure laws with specific requirements.

By Law, Franchisors in All Provinces Are Required to Provide