By Chris Elliott, Senior Economist (Apr. 24/13) According to Statistics Canada, the average pre-tax profit margin slipped from 4.5% in 2010 to 4.2% in 2011. This decline is due to a slower pace of sales growth combined with rising rental and leasing costs and “other expenses.” In comparison, the average profit margin for all industries in Canada is 8.5%.

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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!

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