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Restaurants Canada

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Canadian Restaurants on the Brink: Skyrocketing Costs, Labour Shortages and Mounting Debt Threaten a $100 Billion Industry

Mario Toneguzzi -
The Canadian restaurant and foodservice industry is in crisis, with one-third of restaurants operating at a loss. Urgent changes are needed, say insiders.
Main Archive

Canadian Restaurants Facing Impending Bankruptcies as CEBA Loan Repayment Deadline Looms [Survey]

Mario Toneguzzi -
Research is showing an increase in bankruptcies with a loan repayment deadline at the end of the year potentially throwing the industry into chaos.
Main Archive

2023 Federal Budget Misses the Mark for Retailers in Canada [Interviews]

Mario Toneguzzi -
Retail Insider interviewed several association heads who say that the newly released budget isn't sufficient enough to help retailers, and consumers will be negatively impacted as a result.
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“Absolutely Terrible News”: Ontario Lockdown to Push More Businesses Into Bankruptcy: Interviews

Mario Toneguzzi -
Recovery has not truly begun for most Ontario businesses according to CFIB with other experts and industry players saying that the move will irreparably harm many more businesses.
Main Archive

Concerns Despite Announced Federal Government Extension of Wage and Rent Subsidies for Retailers and Businesses in Canada [Interview]

Mario Toneguzzi -
The CFIB says it’s concerned that the eligibility rules and thresholds of the Thursday announcement puts support out of reach for many.
Main Archive

End of Government Subsidies for Retailers and Businesses this Month Could Spell Doom Amid 4th Wave: Interviews

Mario Toneguzzi -
Wage and rent subsidy support programs from the federal government end October 23rd, and many are praying the deadline will be extended.
Main Archive

Foodservice Industry in Canada in Turmoil as Pandemic Drags on into October: Study

Mario Toneguzzi -
More than 10,000 restaurants have closed in Canada since last year and the future for others is uncertain as consumers shift.
Main Archive

Pandemic ‘Fourth Wave’ Would be Devastating to Retailers and Businesses in Canada Trying to Come Back from a Year and a Half of Restrictions:...

Mario Toneguzzi -
Businesses already have debt and still seeing lower than usual revenue, and more shutdowns could be the final blow for thousands of more retailers already struggling.
Main Archive

Ontario Premier Doug Ford Urged to Open Ontario Retail and Restaurants Immediately as Covid Cases Come Down at a Critical Time: Interviews

Mario Toneguzzi -
Businesses were supposed to open this week but the government extended the lockdown. Now there are calls to reopen things now.
Main Archive

“Another Crippling Blow” as Ontario Government Extends Pandemic Lockdowns for Retailers and Businesses into June [Interviews]

Mario Toneguzzi -
Businesses and associations are furious as Ontario once again extends lockdowns which many say will have a devastating impact on the economy.
Main Archive

Anger and Frustration as New Lockdowns Expected to Have Devastating Impact on Canadian Businesses: Experts

Mario Toneguzzi -
Governments are implementing restrictions in provinces amid a third wave and some are saying that decisions being made are misguided and harmful.
Main Archive

A ‘Great Reset’ for Foodservice in Canada Amid the Pandemic: Sylvain Charlebois

Sylvain Charlebois -
Looking ahead, COVID-19 may become the food service industry’s opportunity to experience a great reset.
Main Archive

Half of Restaurants in Canada Could Shutter Permanently Amid Lockdowns: Study

Mario Toneguzzi -
A member survey provides concerning information amid increased costs and revenue declines.
Main Archive

Canadian Foodservice Businesses in Turmoil Amid Potential Delays for COVID Vaccinations

Mario Toneguzzi -
The industry held a press conference calling for immediate action for support, noting that patrons will stay away from dining until mass vaccinations are rolled out.
Main Archive

Restaurant Industry on Verge of Collapse in Canada Without Government Support: Interviews

Mario Toneguzzi -
Restaurants Canada, with its 40,000 members, called governments to stop system-wide restaurant closures amid a second wave.
Main Archive

Don’t Want to Save the Restaurant Industry? Fine, but Use it to Save the Canadian Economy

Sylvain Charlebois -
Sylvain Charlebois explains how the industry collapse has broader implications.
Main Archive

As Restaurants Reopen in Canada, Most Operate at a Loss

Mario Toneguzzi -
Even as the economy reopens, businesses are struggling amid outstanding rents owed, reduced demand, and occupancy reductions.
Main Archive

As Restaurants in Canada Begin Reopening, Implementing Safety Protocols Proves Challenging

Mario Toneguzzi -
Consumers will need to be made to feel comfortable as dining spaces reopen, and getting it right the first time will be crucial say experts.
Main Archive

Newly Announced Commercial Rent Assistance (CECRA) Program Insufficient According to Many Retailers & Businesses in Canada

Mario Toneguzzi -
After the program has been analyzed, many are questioning how effective it will actually be as several issues have been identified ahead of the looming May 1st rent due date.
Main Archive

Over Half of Small Businesses in Canada will Not be Able to Pay Rent in May Amid Pandemic Shutdowns

Mario Toneguzzi -
The Canadian government hasn’t yet provided an update on details for relief, and several associations say that businesses are quickly running out of time.
Main Archive

1st National ‘TakeoutDay’ Launches to Support Foodservice Industry in Canada

Mario Toneguzzi -
On Wednesday Canadians are asked to support local restaurants as the coronavirus decimates the industry amid closures and fear.
Main Archive

Foodservice Industry in Canada Could Collapse Amid Coronavirus Pandemic

Mario Toneguzzi -
Nearly 30% of restaurants in Canada say that within another month they will shut forever. An already devastating 800,000 jobs have been lost amid fears that things will get much worse.
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