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 Summer 2011
Canada’s Food Services Industry: Industrial Outlook Summer 2011
Industry Economic Analysis
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- Sales Recover—All segments of the industry have recovered from the recession, with sales surpassing their pre-recession peaks.
- Canadians Debt—Consumers’ willingness to spend will be reduced, as debt levels are high and income growth is being reduced by weaker economic growth.
- Food Prices—Growing demand from developing countries and improving global economic conditions are pushing food prices up once again.
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