Canada’s Food Services Industry: Industrial Outlook Summer 2016
This report examines the short-and medium-term economic and profitability outlook for Canada's Food Services Industry.
- Automation—The highly predictable nature of much of the work within the food services industry makes it a prime candidate for the adoption of automation technologies going forward.
- Food Trucks—Municipal regulations in various urban centres have eased, allowing for a greater number of food trucks, which are becoming increasing popular due to the convenience, affordable pricing, and diversity in food options they provide.
- Consumer Spending—Slower growth in labour income and high levels of indebtedness will lead to a slowdown in consumer spending. This will take some of the steam out of the industry’s recent strong performance.