Canada: Food Service - Hotel Restaurant Institutional
Link to report:
The Canadian foodservice sector grew three percent to nearly $71 billion in 2019. COVID-19 mitigation measures – including the initial closure of non-essential businesses, restrictions on local and international travel, and reduced capacity, phased business re-openings – have dealt a heavy blow to the Canadian hotel, restaurant, and institutional sector, with at least 10 percent of establishments projected to have closed permanently. The national restaurant industry association predicts losses of ranging as high as 48 percent in 2020, with commercial foodservice sales down as much as $30 billion from 2019.
