Print

Edmonton, Alberta, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Today, Restaurants Canada, which represents more than 30,000 foodservice and hospitality businesses across Canada, unveiled a campaign to raise awareness about the troubling realities that restaurants in Alberta are facing and policy solutions for the next provincial government.

“Since 2015, restaurants across Alberta have been battling a perfect storm of operational cost increases from a variety of policy changes, against the backdrop of a weakened economy,” said Mark von Schellwitz, Restaurants Canada Vice President, Western Canada. “Working together with Restaurants Canada, Alberta’s next government has an opportunity to improve conditions for foodservice businesses so that they can continue serving communities across this province.”

For years, Alberta’s restaurant sector led the nation, contributing to jobs, tourism, investment and spaces for people to come together. Alberta’s foodservice sales growth now ranks second-to-last of all the provinces in Canada due to several setbacks caused by operational cost increases from legislative and regulatory changes.

Policies that were intended to boost earnings and reduce the cost of living for Albertans have instead resulted in a foodservice crisis, including:

• A loss of more than 10,000 foodservice and accommodation jobs.
• A decline in the average number of workers per unit from 13 to 11.7.
• A 9.1 per cent drop in average sales per unit (adjusted for menu inflation).

(SOURCE: Statistics Canada)

Restaurants Canada is inviting everyone who cares about Alberta’s foodservice and hospitality community to visit restaurantrealities.ca to get informed about the key issues, share policy recommendations with local candidates and join in the conversation on social media with the hashtag #RestaurantRealities.

 
Print

TORONTO, Jan. 28, 2019 /CNW/ - Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) will release its full year and fourth quarter 2018 financial results on Monday, February 11, 2019 and will host an investor conference call that morning at 8:30 a.m. Eastern Time.

The earnings call will be webcast on the company's investor relations website http://investor.rbi.com and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: (877) 317-6711 for U.S. callers, (866) 450-4696 for Canadian callers, and (412) 317-5475 for callers from other countries.

 

Page 1 of 16

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>