This industry profile provides a five-year forecast for Canada’s Food Services Industry.
Canada’s Food Services Industry: Canadian Industrial Profile Autumn 2010
Canada’s Food Services Industry: Canadian Industrial Profile Autumn 2010
Industry Economic Analysis
$565.00
- Labour Market—Employment growth has been especially strong in Canada since the beginning of the year, boosting demand for restaurant services.
- Weak Foreign Tourism—International tourist arrivals are expected to remain below average due to the high exchange rate and to weak economic conditions elsewhere, thereby limiting tourist spending in restaurants.
- Food Prices—Depressed demand for food allowed the industry to benefit from lower food costs. As economies recover, inflationary pressures are starting to re-emerge.
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