Key industry highlights from our Chief Economist, Chris Elliott’s research, data, and insights.
Nine provinces report lower real restaurant sales in January 2024Canada’s commercial foodservice industry began the year on a…
Restaurant Bankruptcies Soar 112% in January The number of restaurant bankruptcies in Canada jumped to 121 in January…
Commercial foodservice sales in Canada advanced by 6.4% in October compared to October 2022. Once adjusted for menu…
According to the latest data from Statistics Canada, menu inflation in Canada slowed to 5.7% in October after…
According to Restaurants Canada’s latest Quarterly Forecast, the impact of an economic slowdown and higher prices are expected…
Summer is usually a time of great enthusiasm and optimism for the restaurant industry as the warm weather…
According to Restaurants Canada’s latest REACT Survey, 62% of Canadians purchased breakfast from a restaurant in July 2023….
84% of foodservice companies reported lower profits in 2023 than 2019, and half of all foodservice companies are operating at a loss or just breaking even.
