Restaurants Canada’s latest industry forecast predicts that commercial foodservice sales will grow to $80.4 billion across the country in 2022. That would be a 24.3 per cent increase over 2021 and would result in annual sales that are 4.4 per cent above 2019 levels. A Restaurants Canada release says the forecast for 2022 reflects the continued […]
Finance Minister and Deputy Prime Minister Chrystia Freeland announced on October 21 that the Canada Recovery Benefit (CRB) will expire on October 23, and will be replaced the next day by targeted benefits including restaurant subsidies and programs to help individuals whose work is impacted by COVID-19 lockdowns. The Canada Worker Lockdown Benefit will provide […]
The latest survey from Restaurants Canada has found that eight out of 10 surviving Canadian restaurants are still barely scraping by, nearly 18 months into the pandemic. According to the latest data drawn from the study conducted in July: Over half (55 per cent) of restaurant operators said they are still operating at a loss […]
Beer Canada is calling on the House of Commons Standing Committee on Finance to implement targeted support measures to help save local restaurants as part of its 2022 pre-budget consultations. In particular, the organization is advocating for a 50-per-cent tax cut on draught beer sold to licensed bars and restaurants. “A 50-per-cent tax cut on […]
The Ontario Restaurant, Hotel, and Motel Association (ORHMA) has described the Liberal government’s proposed supports for the hospitality and tourism sectors as “a big win” for the industry. OHRMA notes that over the past several months it has been actively involved in the Coalition of Hardest Hit Businesses, advocating for sector-specific support and an extension […]
The federal government is extending its existing wage and rent subsidies until late October in a move that should boost the recovery prospects of small businesses and restaurants. The Government of Canada announced on July 30 that supports including the Canada Emergency Wage Subsidy (CEWS), Canada Emergency Rent Subsidy (CERS), and Lockdown Support will be […]
Assistance from inside and outside the Canadian foodservice industry has been vital to so many operators during the COVID-19 pandemic. Vastly reduced traffic and revenues, staffing challenges, and the myriad other issues caused by the pandemic have seen restaurants close from coast to coast in Canada, in many cases permanently. In many cases, governmental support […]
Ontario’s Restaurant & Bar Support Fund, which officially launched in early March, has awarded its first grant. The Edmund Burke restaurant, a popular spot in Toronto’s Danforth neighbourhood, is the first recipient of a grant from the fund. The money will be going to keep staff at the restaurant employed. This grant is the first […]
The Government of Canada has unveiled its 2021 Federal Budget and announced it plans to extend the existing wage and rent subsidies and lockdown top-up support until Sept. 25, 2021. The Budget proposes to gradually decrease the rates for the wage subsidy and rent subsidy, beginning July 4, 2021, with the intention to phase out […]
British Columbia is now accepting applications for the B.C. circuit-breaker relief grant for foodservice and hospitality businesses hurt by the recent COVID-19 restrictions. Eligible businesses include restaurants, pubs, bars, coffee shops, cafes, cafeterias, lounges, nightclubs, breweries, wineries, and tasting rooms. The grant is repurposing $50 million from the province’s $345 million Business Recovery Grant to […]
