That's only been amplified the last two years, fuelled by the COVID-19 pandemic and the rising cost of doing business. And we'll see what comes with the next few months," LeBlanc told CBC News Tuesday. LeBlanc said restaurants are feeling the financial pinch, with the rising cost of goods, fuel and labour cutting into already small profit margins. © Danny Arsenault/CBC LeBlanc says the rising cost of doing business is cutting into the already small profit margins of the restaurant industry. "We're expecting over the next couple months [that] we'll start to see some restaurants close," Alexander told CBC News.

Source: CBC News January 07, 2023 18:36 UTC