Finance committee  Yes. In CECRA, there are a couple of criteria that would negatively affect the franchisee who works under an umbrella corporation such as ourselves. The biggest and the most obvious is that they're our subtenant. We really are the lessee and they are our subtenant. If we are co

Finance committee  It's a fair question. We have the same concerns with CERB and the student aid that goes out. We often hear that we have restaurants ready to open with no staff. The reality is—and it's unfortunate—that some staff are making just as much money by staying at home. That's a reality.

Finance committee  Thank you for the question. We would be very happy to pay 25%. Our franchisees would be very relieved to hear that they could pay 25%. The reality is that most landlords out there are not committing to the program. Many are disqualified by not having mortgages. Other franchisees

Finance committee  Of our 3,500 Canadian locations, nearly two-thirds are fully closed and have seen more than 20,000 employees lose their employment. Of the 1,400 that remain open, which are only able to offer take-out and delivery to our guests, sales are down a dramatic 50%. It is no secret th

Finance committee  Hello, everyone, and good afternoon. I'm happy to be here with all of you today, and I thank the committee for listening to our concerns. MTY is a Canadian restaurant company operating some 7,000 franchise locations around the globe under many well-known banners, with over half