Source Feed: CFRA - 580 - Ottawa
Publication Date: May 4, 2026 - 18:20
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Ottawa Now - Canadian economic engine under extensive pressure in the first half of 2026
May 4, 2026
High operating costs, the cost of food, and uneven consumer spending are placing a key Canadian economic engine under pressure. That would be Canada’s restaurant sector, according to a new warning from Restaurants Canada. The financial strain has been especially prevalent in the early stages of 2026, as these aforementioned factors continue to erode profitability margins. Kristy Cameron digs deeper with David Mangano, the co-owner of The Grand Pizzeria on George Street. In Dave’s case, his business hasn’t seen a drop in earnings, but they’ve been feeling the pressure of today’s economic uncertainties, ranging from higher gas prices to rising minimum wages.
Unpublished Newswire
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