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problems.
A new report on the Canada Small Business Financing Program has found a loan-guarantee portfolio in sharp decline even as losses to the federal treasury mount.
The program, which reimburses
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The Canada Small Business Financing Program has a 8% default rate. Losses for 1995-1999 will exceed $200-million and could hit $250-million, an official in the Auditor-General’s office said
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The Canada Small Business Financing Program also guaranteed about $957 million in new loans in 2009-2010, which means the annual loss rate hit about 12 per cent. The report, tabled in Parliament
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into startups and other small and medium-sized enterprises last year.
But the Canada Small Business Financing program (CSBF), which has been criticized for its high costs and messy red tape, also took
http://www.wikidfranchise.org/20110223-despite-problems
/February 1996
McLending: The booming business of franchise financing
From fast-food restaurants to muffler shops to clothing stores, franchise operations now account for 40% of all retail sales
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of fraud, directly on franchisees and indirectly on all Canadian citizens.
Email
February 9, 2005
Hon. David L. Emerson
Ministry of Industry, Canada
Les Stewart, CAFO
The Small Business Loan, SBL
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illusions, Most lucrative form of commercial lending, franchising, Banker says franchised is less risky than independent business, Franchise banker, Banks as a statistical source, Banks, Canada, 19890301 Financing a
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Government loan programs: taxpayers on hook for misuses
Canada Small Business Financing Act
Government guaranteed loan approved extremely quickly
Government guaranteed loans, abolish program
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Can’t sue
Can’t talk to media
Canada Small Business Financing Act
Canada Small Business Financing program
Canada: An unwise place to investCanada: An unwise place to invest
Canada: white-collar crime
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the Lincoln Mercury franchise and it evolved to a lot of common product, they're going to make us all Ford dealers.”
Report on Business magazine
November 26, 1999
Ford Canada hopes to reduce its
http://www.wikidfranchise.org/19991126-ford-canada