Sales in the food services and drinking places subsector increased for the sixth consecutive month, rising by 0.4 per cent to $7.1 billion in July, according to Statistics Canada.
Sales were up at full-service restaurants (0.4 per cent), limited-service restaurants (0.1 per cent), special food services (1.4 per cent) and drinking places (1.0 per cent), said the federal agency.
Higher sales were reported in eight provinces, with Ontario (1.0 per cent) and Alberta (1.5 per cent) reporting the highest increases in sales in dollar terms. Quebec (1.3 per cent) and British Columbia (0.4 per cent) posted decreases, it added.
“Two years after the onset of the COVID-19 pandemic and its subsequent restrictions on the food services and drinking places subsector, unadjusted sales for July were up 19.6 per cent compared with July 2021 and 10.7 per cent higher than in July 2019,” said StatsCan.
“Prices for food purchased from restaurants were up 7.3 per cent in July 2022 compared with July 2021, and prices for alcoholic beverages served in licensed establishments increased 5.5 per cent in the same period. ”
(Mario Toneguzzi is a veteran of the media industry for more than 40 years and named in 2021 a Top Ten Business Journalist in the world and only Canadian)
Canada’s Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast. With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders.
The commitment to a grass roots approach has built a loyal audience with over 120,000 downloads and thousands of subscribers on all our social channels and YouTube.
Canada’s Podcast is proud to provide a local, national and international presence for Canadian entrepreneurs to build their brand and tell their story.
Advertising and Sponsorships:
At Canada’s Podcast we are here to help you reach your communication objectives and get you results. If you are looking to build your brand, promote your products/services, announce an event, then you will want to reach our extensive data base of owners and entrepreneurs. Contact sales at: firstname.lastname@example.org and find out how we can make an impact on your bottom line with our sponsorship packages.
Sponsors include: RBC Bank, The Cooperators Insurance, Silicon Valley Bank, eBay, Lethbridge Economic Development, VanHack, CBC Dragon’s Den, The Competition Bureau, The Vancouver Board of Trade and more.