Commercial foodservice sales forecast to rise to $80B in 2022

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 […]

Canada introducing new hospitality and restaurant subsidies

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 […]

8 out of 10 Canadian restaurants still barely surviving

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 calls for cut to draught beer duty to aid restaurants

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 […]

Federal government extends wage and rent subsidies

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 […]

Ontario RABS Fund helping secure restaurants’ future

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 […]

Half of restaurants may not survive summer if support is cut, warns RC

Half of Canadian restaurants may not survive summer 2021 if the current level of COVID-19 support is reduced as planned in early July, warns Restaurants Canada. The federal government is currently planning to scale back the level of rent and wage subsidies available to businesses after Canada Day weekend on July 4. If that does […]

Ontario Restaurant & Bar Support Fund awards first grant

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 […]

2021 Ontario Budget introduces new business grants

On March 24, 2021, the 2021 provincial Ontario Budget was released, and it includes a number of measures pertinent to Ontario’s foodservice and hospitality industries. Notably, the Ontario budget announced the extension of an existing support grant for small businesses, as well as a new financial support specifically for tourism and hospitality. Ontario Small Business […]