Restaurants Canada

• Half of restaurants losing money or just breaking even, finds new report

  Sales have improved in the wake of the pandemic but profits are down "due to soaring operating costs" and low foot traffic that never recovered writes Restaurants Canada.

  Economy

  Oct 24, 2023
  
• N.S. restaurant says CEBA loan repayment extension doesn’t go far enough for small businesses

  Advocates say businesses hard hit by COVID-19 lockdowns are still struggling to recover.

  Canada

  Oct 23, 2023
  
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• With 51% of restaurants struggling, CEBA extension not enough: industry group

  The federal government will be extending the deadlines for CEBA loan repayments, but Restaurants Canada says it's not enough to help many struggling businesses. 

  Canada

  Sep 15, 2023
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• Hospitality Sask. says summer patios harder to fill this year

  Restaurants Canada said about half the restaurants in Prairie provinces are operating at a loss or just breaking even, making more important than ever to dine out, support local.

  Canada

  Jun 20, 2023
• ‘Mountain of debt’: B.C. restaurants want extension for COVID-19 loan repayment

  Hundreds of thousands of small businesses accessed the Canadian Emergency Business Account during lockdowns, but the due date to pay it back interest-free is fast-approaching.

  Economy

  May 19, 2023
• ‘Full-blown crisis’: Restaurants Canada calls for federal government action

  Restaurants Canada is hoping the federal government will make a plan that will help restaurants repay CEBA loans, amid inflation issues.

  Canada

  May 18, 2023
• Calgary restaurants seek relief amid pressures caused by rising costs

  Restaurants Canada said 47 per cent of its membership is either operating at a loss or breaking even, up from just 13 per cent pre-pandemic. 

  Consumer

  Mar 28, 2023
• Inflation is hitting restaurants hard. What to expect when dining out in 2023

  Canadians have already seen their grocery and restaurant bills go up due to inflation, and that is only expected to continue in the new year, according to Restaurants Canada.

  Canada

  Jan 5, 2023
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• Some Nova Scotia restaurants chopping out lettuce as shortage spikes prices

  Sylvain Charlebois with Dalhousie University said the higher prices stem from a drought in a major lettuce-growing region.

  Canada

  Nov 17, 2022
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• Inflation, recession fears dampen restaurants’ hopes for holiday boom

  Elevated inflation and a potential recession have restaurants worried that their new normal won't pay the bills.

  Economy

  Oct 25, 2022