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小蓝视频 food-services spending growth outpaces inflation, lags rest of Canada

Sales at food-services and drinking places were up 7.26 per cent in 小蓝视频 in November
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Vera's Burger Shack CEO Gerald Tritt samples a mushroom burger at his expanding burger chain

While many restaurants in 小蓝视频 are finding it challenging to operate, given inflation and scarce labour, the good news is that residents are willing to increase their spending in the province's eateries.

Statistics Canada today released data showing that British Columbians spent nearly $1.27 billion at restaurants and bars in November, up 7.26 per cent from the same month one year ago. That jump . 

The rise may mean that restaurant owners have been able to pass on a higher than expected amount of their own increased costs for products, labour and rent. It may also mean that 小蓝视频 residents are going out for dinner more often. 

While the jump in spending in 小蓝视频 is significant, it was  in November.

Many 小蓝视频 restaurants are said to be teetering on the brink of going out of business. Between  as a result of the federal government not extending its deadline for repaying CEBA loans, 小蓝视频 Restaurant and Foodservices Association CEO Ian Tostenson recently told BIV.

His organization last week launched a new campaign dubbed "Save 小蓝视频 Restaurants," which was aimed at raising awareness of the challenges facing 小蓝视频 restaurants and foodservice vendors.

“The last few years have been incredibly tough on restaurants in 小蓝视频,” Tostenson said. “Pandemic debt, skyrocketing inflation, labour shortages, cost pressures. Many of these businesses are holding on by the skin of their teeth.”

Some positive signs for the sector, however, are that some 小蓝视频 restaurant franchisors are expanding. BIV reported last week that the , according to CEO Gerald Tritt. The 47-location, 小蓝视频-based franchisor Mr. Mikes SteakhouseCasual plans to open four or five franchised locations in 2024: two in 小蓝视频 and three in Alberta, its new president, Tony Zidar, told BIV.

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