Restaurant Outlook Survey shows growing pessimism in Alberta

TORONTO, April 28, 2015 /CNW/ - After years of strong gains, Alberta's restaurant industry is feeling the strain of a slowing economy. Close to 40% of restaurant operators in Alberta expect their sales to slow down over the next six months, compared to the Canadian average of just 14% of restaurant operators who are feeling pessimistic about their business.

Survey highlights:

  • Nearly half of restaurateurs across Canada – a survey record – expect sales to accelerate over the next six months, while just a quarter of Albertan operators shares the same optimism.
  • The weak economy is a concern for 63% of Albertan respondents, compared to just 37% of Canadian operators.
  • Nine in 10 restaurateurs will maintain or grow their workforce in Alberta over the next six months, which is comparable to the hiring intentions in the rest of the country. This is likely due to the severe labour shortage that has left many Alberta restaurants running with an already reduced staff.

Read the topline findings of the Restaurant Outlook Survey.

Restaurants Canada (formerly the Canadian Restaurant and Foodservices Association) is national association comprising 30,000 businesses in every segment of the foodservice industry, including restaurants, bars, caterers, institutions and their suppliers. Through advocacy, research, and member programs and services, Restaurants Canada is dedicated to helping its members in every community grow and prosper.

SOURCE Restaurants Canada

For further information: Media Contacts: Prasanthi Vasanthakumar, Communications Specialist at 416-649-4254 or 1-800-387-5649, ext. 4254, or media@restaurantscanada.org.

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