(March 15/19) While restaurant operators were feeling relatively upbeat over the course of 2018, economic uncertainty and high labour costs are weighing heavily on their minds in 2019. According to the latest Restaurant Outlook Survey conducted by Restaurants Canada, there…
(Jan. 16/19) Canada’s commercial foodservice industry decelerated for the second straight month in October 2018 due to a moderation in full-service restaurant sales growth. Total commercial foodservice sales rose by 3.7 per cent in October, after averaging 5.2 per cent…
(August 29/18) Canada’s commercial foodservice industry ended the first half of the year on a very positive note, with sales 6.4 per cent higher in June compared to the same month in 2017. Over the entire first six months of…
(August 20/18) Foodservice operators plan to ramp up their social media marketing over the next 12 months, according to Restaurants Canada’s most recent quarterly Restaurant Outlook Survey. When asked which marketing methods they will devote more resources to over the…
(August 20/18) Labour shortages are now the second greatest challenge for foodservice operators, according to Restaurants Canada’s most recent quarterly Restaurant Outlook Survey. This is the first time since Restaurants Canada began conducting the survey in 2011 that labour shortages…
(July 20/18) Restaurants Canada just released its Quarterly Forecast of foodservice sales for the remainder of 2018 and for 2019. Overall, commercial foodservice sales are forecast to grow by 4.8% to a record $71.8 billion in 2018. While this would typically…
(July 6/18) Canada’s commercial foodservice sales moderated to 3.1% growth in April. The slowdown in spending was largely due to inclement weather. According to Statistics Canada, colder than normal spring temperatures and an ice storm affecting Central and Eastern Canada…
(April 15/18): Commercial foodservice sales in 2018 are forecast to advance by a solid 4.6 per cent to a record $71.5 billion. Restaurants Canada’s latest forecast reflects updated economic conditions and includes the impact of higher menu prices. The top-line…
(Nov. 5/17) Restaurants Canada’s latest Q3 Restaurant Outlook Survey shows how deeply concerned foodservice operators are about minimum wage increases. Nationally, 85% of operators said that labour costs are the number one issue for their business. By contrast, food costs…
(Oct. 5/17) Commercial foodservice sales in Canada are projected to grow by a solid 4.9% in 2017 according to Restaurants Canada’s latest Restaurant Industry Forecast. This follows a robust 6.2% increase in 2016. Due to stronger-than-expected consumer spending, the outlook…
Page 1 of 6123456

VIDEOS

LTF_VideoThumbnail_Img

Restaurant Industry Forecast Video Series (2015 – 2019)

Meet our Long Term Forecast! If you’re interested in what’s to come in the Restaurant Industry, then join Restaurants Canada’s Senior Economist, Chris Elliott as he gives us a sneak peek preview of the economic climate in Canada in this short teaser.

If you’re interested in learning more, the full series is available here. Free for members!