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The Commercial Food Service Industry: Coming Through!

July 5, 2018
François Dupuis, Vice-President and Chief Economist • Joëlle Noreau, Senior Economist

2017 was a good year for the commercial food service industry overall. And it appears 2018 will be just as good. The economic parameters are positive for this industry. However, the numerous problems it has been facing for a number of years, especially the labour shortage, could be a recipe for trouble. This shortage may compromise the growth of some establishments. Besides this problem, increased competition is posing a challenge for restaurateurs trying to hold their position in consumer spending. Immediate action is required to catch the attention of customers at a time when everyone is clamouring to get them into their restaurants. Let’s take a closer look at an industry where everything is speeding up.

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