Inflation Accelerates to 2.4% in Canada
Canada's inflation rate increased to 2.4% in December, driven by the end of the GST holiday and rising restaurant prices. Get the latest economic data from Statistics Canada.
Category : Search result: restaurant prices
Maritimes Hit by Sharp Overnight Gas Price Jump
Drivers in Nova Scotia, New Brunswick, and PEI faced a significant overnight increase in fuel costs on January 16, 2026. Learn what's behind the spike and its regional impact.
Smitty's Family Restaurant in Halifax Closes Doors
A popular Halifax Smitty's restaurant on Lacewood Drive has closed permanently. The owners cite ongoing pandemic-related pressures as the reason for the sudden shutdown.
Breslau restaurant thrives as thousands of others close
A Breslau, Ont. restaurant credits its survival amid a wave of national closures to unwavering quality and customer loyalty. Discover how they're beating the odds.
7,000 Canadian Restaurants Closed in 2025: Report
A new report reveals a 'bloodbath' for Canadian restaurants, with 7,000 closures in 2025 and 4,000 more expected in 2026 due to rising costs and softening demand. Learn the full story.
Lethbridge Home Prices Jump 20% Year-Over-Year
The average price for a detached home in Lethbridge hit $502,790 in December 2025, a sharp 20% increase from the previous year, according to new Alberta real estate data.
B.C. restaurants struggle in economic downturn
Vancouver restaurateurs like Ron MacGillivray are selling homes and businesses to survive. High costs and low consumer spending create a crisis unlike 2008 or COVID. Read more.
Edmonton's Red Diamond Chinese Restaurant Closes After 50 Years
Edmonton's beloved Red Diamond Restaurant is closing its doors after half a century. Owner Tracy Luu retires as rising costs end a legacy that fed Oilers stars and Premier Ralph Klein. Read the full story.
Study: Thousands of Canadian restaurants could close in 2026
A new study predicts a potential crisis for Canada's restaurant industry, with thousands of establishments at risk of closing in 2026. Learn the key factors and what it means for your community.
Moxies Restaurant Closes Yorkdale Mall After 18 Years
Moxies bids farewell to its Yorkdale Shopping Centre restaurant on January 18, 2026, after nearly two decades. The brand focuses on future growth in Ontario, including a relocated Barrie spot.
Matty Matheson's Toronto Vietnamese Restaurant to Close
Cà Phê Rang, a Michelin-recommended Vietnamese restaurant in Toronto and part of Matty Matheson's group, is shutting down. Get the details on this significant closure for the city's culinary scene.
4,000 Canadian restaurants predicted to fail in 2026
A new forecast warns 4,000 Canadian restaurants could shut down in 2026 as consumers tighten spending. Learn the causes and what it means for the industry.
N.B. food prices rise fastest in Canada, N.S. slowest: study
A new study reveals New Brunswick saw Canada's largest food price jump, while Nova Scotia recorded the smallest. Explore the regional disparities and impacts on shoppers.
Precious Metals Slide as Traders Weigh Index Rebalancing, Tariffs
Gold, silver, and platinum fell sharply Wednesday amid exceptional market volatility. Traders assess index re-weightings, supply tightness, and potential U.S. tariffs. Get the latest analysis on precious metals.
U.S. Tariffs Alter Canadian Bar Menus and Drink Prices
New U.S. import tariffs are changing what Canadians drink, raising prices on Champagne, tequila, and spirits. Discover how global trade policy impacts your happy hour.
Salt & Brick hosts wedding days after arson attack
A Calgary couple's wedding plans were almost destroyed by an arson fire. See how the Salt & Brick restaurant team rallied to pull off their dream day just 72 hours later.
New Stats Show Food Inflation Varies Widely Across Canada
Fresh statistics reveal uneven food inflation rates across Canadian regions. Discover the local impacts on grocery bills and what the data means for consumers nationwide.
Gold, Silver Jump on Venezuela Tensions and Fed Outlook
Gold and silver prices soared as U.S. actions in Venezuela heightened geopolitical risk. Analysts see further gains with expected Fed rate cuts and central bank buying driving momentum.
Kitchener restaurant struggles with reservation 'no-shows'
A Kitchener, Ontario, restaurateur reveals how last-minute reservation cancellations and 'no-shows' create major operational and financial headaches for local eateries. Learn about the impact on January 3, 2026.
Mandarin Restaurant in Midtown Toronto Closing After 35 Years
The Mandarin restaurant at Yonge and Eglinton in Toronto will serve its last meal on Jan. 18, 2026, ending a 35-year run due to area redevelopment. Read about its history and impact.
Gold, Silver Advance as New Year Trading Begins
Gold and silver prices climbed as 2026 trading opened, building on record annual gains. Analysts warn of near-term pressure from a massive index rebalancing set to trigger billions in sales.
Midtown Toronto Mandarin Restaurant Closes After 35 Years
A beloved Toronto institution, the Mandarin Restaurant at Yonge and Eglinton, is closing its doors after 35 years, marking the end of an era for local diners.
No Change in Gas Prices for Nova Scotia, P.E.I.
Fuel costs remain stable in Atlantic Canada to start the new year. Get the latest on what's driving prices at the pumps and what to expect next.
Calgary restaurant reopens after arson, community raises $12K
Calgary's Salt & Brick and Greta Bar defy an arson attack, reopening for New Year's Eve. Community fundraiser generates over $12,000 for staff. A story of resilience.
Manitoba gas prices drop, low costs expected for weeks
Gas prices in Manitoba have fallen significantly and are projected to stay low for several weeks. Get the details on this welcome relief for drivers and what's behind the trend.
Americans pay for everyone at Canadian restaurant in apology
An American couple offered a stunning gesture of goodwill at a Windsor restaurant, covering every table's bill. Discover the heartwarming story behind this unexpected act of kindness.
Markets Quiet on Year's Final Trading Days
Stock markets show little movement in late 2025, while precious metals gain. Get the latest on year-end market trends and key financial indicators.
Gas prices hit multi-year low in Calgary at 87 cents
Calgary motorists are celebrating as fuel costs plummet to a multi-year low, with some stations offering gas for less than 87 cents per litre. Find out what's driving the dramatic drop.
Calgary gas prices drop under a dollar per litre
Calgary drivers are seeing gas prices fall below a dollar per litre, a low not witnessed since 2021. Analysts urge motorists to fill up while this holiday price dip lasts.
Calgary gas prices drop below $1 per litre
Drivers in Calgary are seeing relief at the pumps as gas prices tumble below $1 per litre at some stations, a direct impact of lower global oil prices. Find out where and why.
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