Rising food costs a major challenge for restaurant owners emerging from COVID-19 restrictions
Food costs from suppliers have risen significantly in the last year, and for at least one restaurant in Sault Ste. Marie, it means tough decisions are coming.
Customers have been keeping the staff at the Sault location of Wacky Wings location busy since restrictions eased up. But one of the owners said this week rising food costs have taken a toll on its profits.
"Actually, we've seen increases like we've never seen before in the entire history of Wacky Wings, to be honest with you," said Craig Burgess, Wacky Wings co-owner. "Prices of canola oil (is up) over 25 per cent, prices of chicken wings over 10 per cent."
Burgess said he's managed to cope through it for now, but the restaurant chain could soon be facing some tough decisions.
"It's getting challenging by the day because we're getting notices from the suppliers, left, right and centre," he said. "There's a very high -- likely -- chance that we'll have to be forced into making some type of smaller price increases to adjust."
The non-profit group representing the Canadian food industry said food costs are its third-biggest challenge, behind shutdowns and pandemic-related debt.
And, it said “customers will soon be feeling the effects of higher food costs.”
"In normal times, they try to put off raising menu prices as long as possible, but with the debt that most have accrued throughout the pandemic, they really don't have the leeway to delay the menu increases," said James Rillet of Restaurant Canada.
Like Wacky Wings in the Sault, Rillet said restaurants are feeling the pinch right across the country. And it could be a while before they rebound.
"We predict about a year, a year-in-a-half recovery period, so we're still in for a long haul and I think we'll start to see effects of, unfortunately, start to see shutdowns," he said.
Despite the challenges, Rillet said businesses are still gearing up for an exciting summer, with patio demand and an all-time high.
-- Written for the web by Darren MacDonald
CTVNews.ca Top Stories
BREAKING American millionaire Jonathan Lehrer denied bail after being charged with killing Canadian couple
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
Police make arrests in grandparent scam that defrauded victims out of $739K
Ontario Provincial Police say they have 'disrupted' an organized crime group that allegedly used an emergency grandparent scam to defraud seniors across Canada out of hundreds of thousands of dollars.
Motion to allow keffiyehs at Ontario legislature fails
A motion to reverse a ban on the keffiyeh within Queen’s Park failed to receive unanimous consent Thursday just moments after Ontario Premier Doug Ford reiterated his view that prohibiting the garment in the House is divisive.
Trend Line Anger, pessimism towards federal government reach six-year high: Nanos survey
Most Canadians in March reported feeling angry or pessimistic towards the federal government than at any point in the last six years, according to a survey by Nanos Research.
Lack of detention space could force CBSA to release detainees, internal memo warns
The Canada Border Services Agency is scrambling to find space to hold high-risk detainees that are set to be transferred from provincial jails in June.
BREAKING Allman Brothers Band co-founder and legendary guitarist Dickey Betts dies at 80
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, 'Ramblin' Man,' has died. He was 80.
Taylor Swift's new album allegedly 'leaked' on social media and it's causing a frenzy
A Google Drive link allegedly containing 17 tracks that are purportedly from Swift's eagerly awaited "The Tortured Poets Department" album has been making the rounds on the internet in the past day and people are equal parts mad, sad and happy about it.
What does it mean to be 'house poor' and how can you avoid it?
The journey to home ownership can be exciting, but personal finance columnist Christopher Liew warns about the trappings of becoming 'house poor' -- where an overwhelming portion of your income is devoured by housing costs. Liew offers some practical strategies to maintain better financial health while owning a home.
Calgary man charged with manslaughter in death of toddler
Calgary police say Winston Campbell, 45, has been charged in the death of a two-year-old girl in 2022.