TORONTO –Restaurants Canada is calling on the federal government to increase and extend the COVID-19 wage and rent subsidies into 2022 to ensure food service businesses can make it through the ongoing pandemic.
Todd Barclay, president and CEO of Restaurants Canada, told CTV's Your Morning on Wednesday that the food service industry is currently at a "crossroads."
According to surveys conducted by Restaurants Canada, eight out of 10 restaurants are either losing money or just barely breaking even, and seven out of 10 restaurants are currently taking advantage of government subsidy programs.
"So for [those programs] to go away right now at such a critical time, it could be the final nail in the coffin for many of these businesses right across the country," Barclay said.
Many of the federal government's key pandemic supports are set to expire in a few weeks, prompting some business …