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 2015
Canada’s Food Services Industry: Industrial Outlook Winter 2015
Industry Economic Analysis
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- Consumer Confidence—Rising consumer confidence suggests that consumers have a more positive outlook with respect to their current and future finances. This could allow for more spending at restaurants.
- Weaker Currency—A weaker Canadian dollar will make imported inputs more expensive, leading to higher inflation in material costs.
- Stabilizing Meat Prices—Declining meat prices will limit growth in material costs for restaurants, partially offsetting the effects of a weakened loonie.
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