Restaurant portion size complaints rising amid inflation

Restaurants across Canada, the U.S., and beyond are feeling the pinch of decades-high rates of inflation. That is manifesting itself in many ways, one of which — for many restaurants, at least — is smaller servings. But, if figures around portion size complaints are anything to go by, diners are noticing. A growing number of […]

Canada’s annual food inflation rate at 8.8% in June

Canada’s inflation rate, which has been making unwanted headlines for months, has hit another high-water mark. In June 2022, the annual rate of inflation was 8.1 per cent compared to June 2021, its largest yearly change since January 1983. Food inflation continues to outpace that figure. That figure is up 0.4 per cent from the […]

Canadian foodservice started 2022 better than expected, but economy threatens future

The first quarter of 2022 saw the Canadian foodservice industry perform better than expected, according to Restaurants Canada’s Quarterly Forecast, although that report comes with a warning about the likely economic conditions of the next year. Canada’s commercial foodservice industry began the year with a higher-than-expected $16.3 billion in sales in Q1 2022, found the […]

Half of Canadian restaurants fear closure by fall

Nearly half of Canadian restaurants are struggling to stay afloat and fear they will not even make it to fall. According to Alignable’s Small Business Revenue Report, 47 per cent of Canadian SMBs say they are at risk of closing by the fall due to multiple persistent pressures including inflation, labour struggles, and a stretched […]

Rising food prices: inflation or “greedflation”?

Food, whether it is in the grocery store or in a restaurant dining room, is significantly more expensive than it was a year ago. While general inflation, as well as the lasting impacts of COVID-19 and the conflict in Ukraine, have driven this trend, some are placing blame on grocery stores and other sellers for […]

Canadian inflation rate hits highest point since 1983

There is still no let-up when it comes to higher prices in restaurants, retail, and every corner of life, as the Canadian inflation rate has hit 7.7 per cent — its highest point since 1983. Canada’s inflation rate rose at its fastest pace in almost four decades years in the year up to May, found […]

Why cooking oil could cause surging menu prices

Restaurants are already grappling with numerous crises that are causing pressures on menu prices, from climate change to the lasting effects of COVID-19 to the devastating effects of the Russian invasion of Ukraine on food production. In recent months, cooking oil has been adding to the maelstrom. Global cooking oil prices have been rising since […]

US full-service menu prices see record inflation

Full-service menu prices in the U.S. rose 8.7 per cent in April year-over-year, according to the Bureau of Labor Statistics. That is the segment’s highest increase since data was first collected in 1997. Overall, the food away from home index rose 7.2 per cent year over year, while the price of quick-service products grew seven […]

Heading into summer 2022, where does Canadian foodservice stand?

By David Hopkins It’s difficult to believe it but we’re already more than a third of the way through 2022. Now, more than two years into the pandemic, Canadian foodservice businesses are continually facing challenges while also experiencing new successes and new innovations. Even as we’re only in the fifth month of the year, there […]

Rise in food prices shows no sign of halting soon

There is no relief on the horizon for restaurants, their patrons, or grocery shoppers amid continuing high inflation and rising food prices. Statistics Canada has released its latest look at how prices have changed on a year-over-year basis, comparing March 2022 and March 2021, and it does not make for light reading. We already know […]