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Restaurants Canada Revised 2024 and 2025 Forecasts


Restaurants Canada has revised its foodservice market forecasts for 2024 and 2025. Citing a weak general economy and high relative debt held by consumers, federal and provincial governments, RC Senior Economist Chris Elliott expects per capita foodservice consumption to decline both in 2024 and 2025. Still, the overall forecast is for 5.1% nominal and 0.8%…

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