C's restaurants are facing a crisis. A new warning was issued this week by the BC Restaurant and Food Services Association and Restaurants Canada calling for urgent policy changes in order to avoid last call for the industry.
The document, formatted to resemble a menu, details the challenges facing the restaurant industry and offers policy solutions that pair well together. For example, under Entrees, the report offers:
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Struggling To Make Ends Meatloaf
Cost: 35% of restaurants are losing money
A one-time classic that’s barely holding it together. Slices are becoming thinner and thinner with each passing day.
Policy Pairing: Provide rental assistance and offer rebates for energy, packaging, and municipal taxes
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The report states the province has 15,000 restaurants, employing 185,000 people and contributing $18 billion in annual sales.