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Almost half of Canadian restaurants are still operating at a loss

Watch Restaurants Canada CEO Kelly Higginson on how higher costs and weaker consumer spending are affecting the industry


  • Jul 04 2024
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Almost half of Canadian restaurants are still operating at a loss
Almost half of Canadian restaurants are still operating at a loss
Kelly Higginson, chief executive of Restaurants Canada, talks with Financial Post's Larysa Harapyn about how higher costs and weaker consumer spending are a one-two punch for Canadian restaurants. She discusses why nearly half of the country's restaurants are still operating at a loss or barely breaking even. "I've been in the industry for a very long time and I've never seen anything quite like this," Higginson says. Read More

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