Key industry highlights from our Chief Economist, Chris Elliott’s research, data, and insights.
Restaurants Canada Updates Restaurant Sales ForecastRestaurants Canada has updated its quarterly forecast of foodservice sales for the remainder…
The combination of weak consumer confidence and high cost of living continued to restrain guest spending at restaurants…
Consumer Dining Index Dips in March 2024 Compared to February Restaurant Canada’s Consumer Dining Index (CDI) dipped slightly…
Restaurant employment tumbles 26,600 jobs in March Canada’s restaurant and accommodation industry shed 26,600 jobs in March compared…
Nine provinces report lower real restaurant sales in January 2024 Canada’s commercial foodservice industry began the year on…
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…
