Restaurants Struggle as More Canadians Look for Value, Dine out Less: Report

Restaurants Struggle as More Canadians Look for Value, Dine out Less: Report
A empty restaurant in Montreal on Dec. 26, 2021. Graham Hughes/The Canadian Press
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Restaurants are under pressure as consumers steer away from dining out, while rising operational costs squeeze profit margins, a new report shows.

Three in four Canadians are eating out less, often because of the high cost of living, a Restaurants Canada report published Monday found. That share is even higher among those aged 18 to 34 at 81 percent.