Canadian Restaurant Sales on the Rise

Canadian Restaurant Sales on the Rise

None of us within the Foodservice industry are unaffected by what is happening in the economy.  However, the Canadian economy is set to turn the corner and so is our industry.  At Canada Bread Foodservice we are looking forward to growth for your business and ours in 2014

According to this recent article in the National Post:

  • Canadian restaurant sales will grow 4.7% in 2014 to $57.5-billion, up from an estimated $54.9-billion in 2013. 
  • Rising food and labour costs, as well as competition for the food dollar, will continue to make this a challenging environment
  • One of the fastest growth categories will be the newer “fast-casual” restaurant segment — quick-service restaurants with an emphasis on fresh ingredients, where customers generally order meals from a main counter but have it delivered to their tables by a server.

To read the full article, click on the link below:

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