This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Services Industry.
Canada’s Food Services Industry: Industrial Outlook Winter 2014
Canada’s Food Services Industry: Industrial Outlook Winter 2014
Industry Economic Analysis
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- Prices—Increases in prices have moderated over the past six months, good news as material costs account for a large share of the industry’s input costs.
- Domestic Economy—The Canadian economy will perform better this year, supported by the strong U.S. economic recovery and economic improvements in the eurozone.
- Confidence in Job Market—Consumer confidence about future job creation remains low, which may limit consumers’ willingness to spend at restaurants.
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