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Indicator Latest Statistic Time Period 2010 Forecast

Gross Domestic Product

3.4%

October 2010 vs. October 2009

3.6%

Disposable Income

3.8%

Q3 2010 vs. Q3 2009

3.7%

Employment

1.9%

November 2010 vs. November 2009

1.5%

Retail Sale

1.5%

October 2010 vs. October 2009

4.5%

Consumer Confidence Index

-8.5%

Q3 2010 vs. Q3 2009

N.A.

Source: Statistics Canada, TD Economics, Conference Board of Canada

(May 12, 2011)
Profit margins still highest in the Prairies
What’s the most profitable province for a restaurant, bar or catering business? It’s Saskatchewan, with an average industry pre-tax profit margin of 7.2%, according to the latest data from Statistics Canada’s...

(February 22, 2011)
Foodservice employment lags recovery
The latest employment data from Statistics Canada’s Labour Force Survey is proof of the economy’s fragile recovery. While foodservice sales improved in 2010 – up 3.8% between January and...

(December 23, 2010)
Supply chain takes a licking
It was a brutal year for many full-service operators. Most experienced guest count declines in 2010 on top of declines in 2009. Independents, which have a larger share of the sit-down crowd, were the...

(December 16, 2010)
Slow and steady: Foodservice sales to moderate in 2011
Slower economic growth and weaker disposable income gains will reduce the pace of foodservice sales growth to 2.8% in 2011, following a 3.5% increase...

(November 1, 2010)
Foodservice sales up 3.2% in August
Commercial foodservice sales in Canada rose by 3.2% in August compared to a year earlier, according to new data from Statistics Canada. Solid gains by caterers and...

(Sep. 28, 2010)
Economy on slow simmer for next year
Restaurant operators will be heading into 2011 with an eye on new ways to drive traffic and control costs in the face of slower economic growth...

(Aug. 25, 2010)
Foodservice units reach nearly 81,000
The foodservice industry is inching its way out of the recession, with the number of commercial foodservice restaurants..

(May 28, 2010)
Operators stung by higher labour costs – Part II
Soaring food and energy prices made headlines in 2008, but skyrocketing labour costs had the largest impact on the foodservice industry’s...
 

 


(Apr. 29, 2010)
Profits improve, but operators stung by higher labour costs
It’s hard to get excited about 0.4 cents when most people won’t pick up a penny lying on the street.  But in an industry that operators on razor-thin margins, foodservice operators will gladly take any increase in profitability. if they are large or...

(Mar. 23, 2010)
More than 25,000 foodservice jobs vanish in 2009
Last year, Canada’s commercial foodservice industry shed 25,500 jobs as the recession ate into consumer, business and tourist spending at restaurants, caterers and drinking places. if they are large or small, signs – both interior and...

 (Feb. 16, 2010)
Happy (Chinese) New Year: Foodservice sales to improve in 2010
Fortunately for foodservice operators, Feb. 14 marked the start of the Year of the Tiger on the Chinese...

(Jan. 21, 2010)
Canadian “staycations” fuel foodservice sales
During the economic downturn more Canadians opted for “staycations” over cross-border travel – a trend that...

 
 
 
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