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 […]
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 […]
Restaurant sales in Canada surpassed their pre-COVID-19 levels for the first time since the pandemic began in March, according to Statistics Canada. New data shows that Canadian bar and restaurant sales increased by 6.5 per cent monthly in March to $6.8 billion, reports the Canadian Press. Year-over-year, sales were up 35 per cent compared with […]
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 […]
We were warned, and now we’re seeing it happen. Food prices in Canadian grocery stores are soaring, and the trend only looks set to continue. Late in 2021, the annual Food Price Report predicted that Canadian food prices would likely increase by between five and seven per cent in 2022, which was the highest increase […]
The Canadian labour market, and particularly that of the foodservice sector, surged back with significant growth in February 2022. That’s according to the latest data from Statistics Canada, which showed that the Canadian economy added 337,000 jobs last month, offsetting the losses in January by a wide margin. The labour force participation rate rose to […]
The Canadian economy lost 200,000 jobs in January amid stricter public health rules put in place to slow the spread of the Omicron variant of COVID-19, according to Statistics Canada data. As the foodservice industry has come to expect over the last two years, it was hit hardest than most, The decrease marked the largest drop since […]
Another official indication of just how badly the COVID-19 pandemic has impacted Canadian foodservice and restaurant sales has emerged. A Statistics Canada report released last week shows that restaurants and bars across Canada reported their worst year for sales on record. The recent data from Statistics Canada shows that sales at eating and drinking establishments […]
The data reveals that hospitality and foodservice jobs have been lost at nearly double the rate of those in other industries (62.1 per cent versus the national average of 36.5 per cent).
Press release A new analysis of Statistics Canada data shows Canadians are consuming moderate amounts of meat. On average, Canadians consume 41 grams of cooked fresh meat, such as beef, pork, lamb and veal, a day – that’s about half the size of the palm of your hand. They also consume prepared poultry and prepared red […]
