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Restaurant Bankruptcies Soar 112% in January
Restaurant Bankruptcies Soar 112% in January The number of restaurant bankruptcies in Canada jumped to 121 in January…
Key industry highlights from our Chief Economist, Chris Elliott's research, data, and insights.
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.
The latest data from the Office of the Superintendent of Bankruptcy paints a grim picture for Canada’s foodservice industry.