FREDERICTON, March 26, 2013 /CNW/ - Restaurant and bar owners in New
Brunswick are relieved the provincial budget delivered today did not
increase the HST or beverage alcohol prices. The Canadian Restaurant
and Foodservices Association (CRFA) believes this approach will help
protect jobs in the important restaurant industry, which generates $1.2
billion each year toward the province's economy. To deal with a
spiralling provincial deficit, the government instead chose to raise
personal and corporate income taxes while reining in government
"The government deserves credit for making tough decisions to reduce
their deficit without targeting restaurant businesses and their
customers," says Luc Erjavec, CRFA's Atlantic Canada Vice President.
"Our members are happy there is no increase to the HST or beverage
alcohol prices, and that government has clearly signalled it wants to
poise the province for economic activity and growth. This budget
controls costs and government spending while still maintaining some of
the most competitive personal and corporate tax rates in the Atlantic
"This is a tough budget for tough economic times," says Erjavec. "But in
the long run, businesses and residents of the province will benefit."
As one of New Brunswick's largest private-sector employers, the
restaurant industry directly employs nearly 23,000 people at more than
1,600 commercial establishments. Twenty-two per cent of Canadians say
their first job was in the restaurant industry, making it the number
one source of first jobs.
CRFA is one of Canada's largest business associations, with more than
30,000 members representing restaurants, bars, caterers, institutions
and other foodservice providers. Canada's restaurant industry generates
$65 billion annually in economic activity and employs more than one
million people in communities across the country.
SOURCE: Canadian Restaurant and Foodservices Association
For further information:
Luc Erjavec, 902-209-0804 (cell) or email@example.com; Prasanthi Vasanthakumar, Communications Specialist, 1-800-387-5649, ext. 4254 or firstname.lastname@example.org.