How do your business results stack up? Meet the Restaurants Canada Operations Report

With rising food and labour costs, not to mention other expenses, restaurant owners must work harder than ever to remain profitable.

How are you doing?

Restaurants Canada’s 2016 Foodservice Operations Report will help you compare your business to others. It will identify areas where your costs are too high (or possibly too low), with profit margins and detailed operating expenses broken down by type of restaurant and by province.

Here are a few highlights:

  • The average commercial foodservice business in Canada earned a pre-tax profit margin of just 4.2% in 2014. This is down slightly from 4.3% in 2013.
  • Cost of sales remains the largest expense for restaurant operators, at 34.0% of operating revenue.
  • Labour costs account for 31.1% of operating revenue.   Although this dropped slightly from 31.5% in 2013, labour costs have increased steadily over the last decade.
  • Rental and leasing costs, at 8.0% of revenue, are the third-largest expense.

These findings are based on newly released data from an in-depth annual survey by Statistics Canada.

Operations Report

To get your free copy of this informative, 45-page report, log in to your Member Portal.

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Beth Pollock is a communications and content marketing expert. Working with Restaurants Canada, she has edited and published two newsletters (RC Insider and BITE); developed the RC Show website; managed social media feeds (Twitter, Facebook, LinkedIn, Instagram); and written press releases, blog stories, operational manuals, and an op-ed for the Globe & Mail. Beth is also a freelance writer who has written for a number of publications about food, travel, and children’s books, and has written over 600 posts on her personal blog, Of Muses and Meringues about recipes and her personal travels. She has published three books for children.