Top 50 foodservice companies

Article Abstract:

The list ranks the top 50 food service companies in Canada according to revenue in 1997. McDonald's Restaurants of Canada Ltd. ranks No. 1 in the list, with $1,816.9 million in 1997 revenue; followed by Cara Operations Ltd., with $1,194 milion in 1997 revenue; while Tricon Global Restaurants (Canada) Ltd. is No. 3, with 1997 revenues of $1,130 million. Also included in the top 10 positions are The TDL Group Ltd.; Four Seasons Hotels and Resorts; Yogen Fruz World Wide Inc.; Versa Services Ltd.; Subway Sandwiches and Salads; Scott's Restaurants Inc; and Burger King Restaurants of Canada Inc.

Comment:

Ranks No 3 in list of the top 50 food service companies in Canada, with $1,130 million in 1997 revenue

Sales, profits & dividends, Sales & consumption, Restaurants & Food Service, McDonald's Restaurants of Canada Ltd., Cara Operations Ltd., Tricon Global Restaurants (Canada) Ltd.

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Restaurant buzz

Article Abstract:

Elephant and Castle Group, based in Vancouver, Canada, reaps success from its Rainforest Cafe location, which at its first week of operation in June 1998, served more than 14,000 customers and generated sales of over C$300,000. The 18,000-sq-ft, 300-seat restaurant, located in Burnaby, British Columbia, features a total entertainment concept, including animatronic wildlife and special effects. The restaurant should be followed by four new locations, with one slated to open in Toronto, Ontario, in November 1998.

Comment:

Reaps success from Rainforest Cafe location, which at first week of operation in 6/98, generated sales of over C$300,000

Facilities & equipment, Elephant and Castle Canada Inc.

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Saskatchewan consumers oppose tax

Article Abstract:

Saskatchewan members of the Canadian Restaurant and Foodservices Assn (CRFA) are opposing the imposition of an additional tax on restaurant food as well as children's clothing and utilities. The campaign is aimed at opposing a tax measure recommended by the Personal Income Tax Review Committee that would lower income taxes by C$430 million but will collect an additional C$187 from new sales taxes. Over 10,000 consumers have written and signed petitions against the proposal.

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