Global Market Trends Operator Trends The Ashton Report

Canadian Restaurant Bankruptcies Surged 112% In January


The number of restaurant company bankruptcies surged to 121 in January this year, a 112% increase over January 2023, according to data from the Canadian government’s Office of the Superintendent of Bankruptcy. The January number compares to an average number of monthly bankruptcies of 44 before the pandemic. Restaurant companies have also experienced a far…

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