This industry profile provides a five-year forecast for Canada’s Food Services Industry.
Canada’s Food Services Industry: Industrial Profile Autumn 2011
Canada’s Food Services Industry: Industrial Profile Autumn 2011
Industry Economic Analysis
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- Sales Recover—The industry has recovered from the recession, with sales surpassing their pre-recession peaks in all segments.
- Household Debt—High household debt levels are weakening consumers’ willingness to spend. The problem is compounded by slowing income growth due to the weakness of the economic recovery.
- Food Prices—Growing demand from developing countries is pushing food prices higher once again.
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