Canada's Food Services Industry: Industrial Profile Autumn 2012
The Conference Board of Canada, 2 pages,
This industry profile provides a five-year forecast for Canada's Food Services Industry.
- Consumer Confidence—Consumer confidence remains well below pre-recession
levels. And with dining out often being discretionary, weak confidence is limiting
spending growth at restaurants.
- Food Prices—Rising agricultural commodity prices, particularly for wheat and
corn, due to drought are pushing up food prices once again.
- Technology Adoption—New technologies, such as Wi-Fi access and mobile
payment options for customers, can help to boost traffic and increase operational