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CHARLEBOIS: Canadian restaurant industry's breaking point has arrived
Canadians struggling with rent and groceries are increasingly questioning whether even a combo meal is worth the cost
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Canada’s restaurant industry is often treated as a symbol of resilience. Through inflation, lockdowns, labour shortages, and supply chain disruptions, restaurateurs have somehow kept the lights on. But beneath the surface of the latest sales numbers lies a much darker reality: The economics of operating a restaurant in Canada are becoming increasingly untenable.
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