restaurants canada (formerly...

Webinars & Networking

RC Show

eNewsletters:

RC Insider & BITE by MENU

MENUmag.ca

RC Blog & RC.org

Social Media

Research& Reports

Advocacy

Legislative& PolicyUpdates

Groupex

Partner Programs

MENUMagazine

MemberPortal

MEDIA CENTRE

RESOURCES

BUYING POWER

GOVERNMENTRELATIONS

INSIGHTS

LIVE EVENTS

COST SAVINGS

MEMBERSHIPADVANTAGE

J U L Y / A U G U S T 2 0 1 8 M E N U 59

4000

0997

7

July / August 2018menumag.ca

$ 18.95

ForAfrim Pristine, cheese puts life into perspective

Ge�ing in onthe meal kit craze

Montreal’s Maison Publique

hosts Scotch Surf & Turf

Li�le Victories in third

wave co ee

business, bubbles + modern elegancebusiness, bubbles + modern eleganceIN VINO VERITAS

CANADA’S FOODSERVICE MAGAZINE

July / August 2017menumag.ca40

0009

977

THE INDIGENOUS

GASTRONAUTFind it, source it, and bring it back.

HE

LL O

RH

IGH

WAT

ER

Nav

igat

ing

natu

ral

disa

ster

s

WILDLYCANADIANOur country’s best kept secrets

EVENTS & PARTIESMARVELOUSMARGIN BOOSTERS

Menu- JuneJuly17 Front COVER Clean.pdf 2 2017-07-07 10:18 AM

CHEFLA-TOYAFAGON TIFF Partner + Raptors’ Chefputs her passionon a plate

SPIRITFORWARD Ready to Drink: Pretty Packaging and LuxuriousLibations

4000

0997

7

May / June 2018menumag.ca

$ 18.95

THESCOOP A SPECIAL REPORT ON CANADIAN DAIRY

STAYING AFLOAT: SUSTAINABILITY+ CANADIANSEAFOOD

March / April 2018menumag.caMarch / April 2018menumag.ca40

0009

977

$ 18.95

LEGALIZING

CANNABISPLANNING FOR A NEW NORMAL WITHINSIGHTS FROM STARSEED MEDICINAL

+WILD MEATS & BRAVEJACK Making wild meat accessible for Canadian chefs, one episode at a time

DESTINATION DININGExploring and sharingour home and native land

BUILDING ROOTSIndustry leaders discuss howand why giving back is so important

RESULTS FROMTHE 2018 CANADIANCHEF SURVEY!

EAST COAST STARSSHINING BRIGHTLYThe Kilted Chef+ New GlasgowLobster Suppers

COMMERCIAL FOODSERVICESALES FORECAST

6%

4%

2%

0% 2022/F2021/F2020/F2019/F2018/F2017

REALNOMINAL

COMMERCIAL SALESLOWER RANGE

( YEAR-OVER-YEAR CHANGE)

SOURCE: Restaurants Canada


$90

$80

$70

$60 2022/F2021/F2020/F2019/F2018/F2017

( IN BILLIONS)

5.3%

4.6%

2.7%

3.9%

0.6% 0.7%

4.2%

1.8%

3.6%

1.4%

3.4%

1.2%

$68.4$71.5

$74.3

$77.4$80.2

$83.0

UPPER RANGE

SOURCE: Restaurants CanadaNOTE: Nominal growth includes menu inflation; real growth equals nominal growth minus menu inflation


6%

4%

2%

0% 2022/F2021/F2020/F2019/F2018/F2017

REALNOMINAL

COMMERCIAL SALESLOWER RANGE

( YEAR-OVER-YEAR CHANGE)


$90

$80

$70

$60 2022/F2021/F2020/F2019/F2018/F2017

( IN BILLIONS)

5.3%

4.6%

2.7%

3.9%

0.6% 0.7%

4.2%

1.8%

3.6%

1.4%

3.4%

1.2%

$68.4$71.5

$74.3

$77.4$80.2

$83.0

UPPER RANGE

1.8%1.8%1.8%1.8%

restaurantscanada.org22

Economic conditions and population growth are the key factors when it comes to forecasting foodservice sales. Over the next four years, Canada’s economy will grow at a slower pace than in 2017 and 2018 due to modest productivity gains and slower population growth. This will restrain real disposable income growth to just 1.3% per year between 2019 and 2022.

As a result, Restaurants Canada is forecasting commercial foodservice sales to grow by an average of 3.9% per year over the next four years. By 2022, combined commercial and non-commercial foodservice sales will surpass the $100 billion mark.

One of the biggest challenges that will impact foodservice sales is record-high household debt levels and rising interest rates. With households racking up debt of more than $2.1 trillion – nearly matching the overall size of the Canadian economy – consumers will be watching their spending. Because of this, retail sales growth is forecast to slow from an average of 5.9% per year between 2016 and 2017 to just 2.3% per year between 2018 and 2022.

Driven by stronger gains at quick-service restaurants and higher spending at full-service restaurants, commercial foodservice sales will advance by 3.9% in 2019. In 2020, commercial foodservice sales will see a slight bump in growth due to the leap day in February. This will be followed by average annual growth of 3.5% in 2021 and 2022. Once adjusted for menu infl ation, real sales will grow at roughly the same pace as population growth.

Restaurants Canada employs an econometric model to forecast commercial foodservice sales by using the Conference Board of Canada’s forecasts of consumer spending, real GDP, employment and tourism.

LONG-TERM FORECAST: 2019 TO 2022

BUSINESS INSIGHTBUSINESS INSIGHTWallets are going to get pinched as mortgages renew at Wallets are going to get pinched as mortgages renew at higher interest rates. Boomers entering retirement are getting higher interest rates. Boomers entering retirement are getting their fi rst dose of “fi xed income living” and having more their fi rst dose of “fi xed income living” and having more time on their hands. Millennials are suff ering from under-time on their hands. Millennials are suff ering from under-employment, with many still living at home with their parents. employment, with many still living at home with their parents.

The industry’s challenge will be to continue to grow traffi c by The industry’s challenge will be to continue to grow traffi c by providing innovative ways for consumers to enjoy their great foodservice off erings in a way that works in a more cash-strapped world.

Hugh Johnston

Strategic and Financial Architect

Hugh Johnston Strategy

FOODSERVICE FACTS 2018MINING FOR MARGINS

$50

Canada’s most trusted foodservice industry research and insights guide.

LEADERBOARD AD - 600x74

MEDIUM RECTANGLE AD - 300x250


Headline HereLorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod

tincidunt ut laoreet dolore magna aliquam erat volutpat.

Read More »

INDUSTRY NEWS

Top 10 Food & Beverage TrendsLorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euis-mod tincidunt ut laoreet dolore magna

Read More »

Headline HereLorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euis-mod tincidunt ut laoreet dolore magna

Read More »


Read More »


Read More »


Read More »

IMAGE

RESEARCH

Headline HereLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna

Learn More »

MEMBER PROGRAM

Headline HereLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna

Learn More »




EDUCATION

Webinar TitleLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna

Register Now »

Webinar TitleLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna

Register Now »

INDUSTRY EVENTS

Event NameLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna

Register Now »

Event NameLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna

Register Now »


IMAGE IMAGE

view in your browser

FORWARD SUBSCRIBE RESTAURANTSCANADA.ORG

INSIGHTS.INGREDIENTS.INTEL.

April 16, 2018

This email was sent to [email protected]’re receiving this email because you are subscribed to the RC Insider eNewsletter

Update mailing preferences | Unsubscribe from all Restaurants Canada emails | Privacy Policy

©2018 Restaurants Canada | 1155 Queen St. W., Toronto, ON M6J 2J1


HALF PAGE AD - 300x600

Headline HereLorem ipsum dolor sit amet, consectetuer

adipiscing elit, sed diam nonummy nibh euis-mod tincidunt ut laoreet dolore magna.

Read More


feature stories



Read More



Read More




Read More



Read More



Read More



Enter to Win a RC Show 2019 ExperienceLorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincid-

unt ut laoreet dolore magna. Lorem ipsum door sit amet, consectetuer adipiscing elit.

Enter Now

forward subscribe menumag.ca

This email was sent to [email protected]’re receiving this email because you are subscribed to the BITE by MENU eNewsletter

Update mailing preferences | Unsubscribe from all Restaurants Canada emails | Privacy Policy

©2018 Restaurants Canada | 1155 Queen St. W., Toronto, ON M6J 2J1

april 2018 | view in your browser

SUBSCRIBE

Real Stories, Real PeopleLorem ipsum dolor sit amet, consectetuer adipi-scing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna.

restaurants canada (formerly...

Documents