Skip to main content

Sales in Alberta restaurants and bars hit a record high, report says

Statistics Canada says there was more than $1 billion in restaurant and bar sales in Alberta this September, a new record for the province. (Pexels) Statistics Canada says there was more than $1 billion in restaurant and bar sales in Alberta this September, a new record for the province. (Pexels)
Share

New data from Statistics Canada says sales at restaurants and bars across the country are on their way up and, in Alberta, they've broken a record.

The agency released its report on September sales last month, which saw $7.7 billion in nation-wide sales, up 0.8 per cent from the month before.

ATB Financial says the seasonally adjusted figures for Alberta were $1 billion, up by 0.9 per cent from the previous month.

The institution says that's a record high for the province, but Canada's totals were 1.1 per cent below the total reached last February.

"Revenues continue to far exceed last year's levels," ATB Financial said in its newsletter late last month.

"Over the first nine months of 2022, Alberta's restaurant and bar sales were up by 14.2 per cent year-to-date (YTD) and it was a similar story nationally.

"Higher prices at restaurants and bars account for about half of these increases."

According to Statistics Canada, Alberta's totals for September were fourth highest.

Ontario saw the largest amount of sales ($3 billion), followed by Quebec ($1.52 billion) and then B.C. ($1.35 billion).

Most of Atlantic Canada saw nearly flat increases while New Brunswick saw a drop of 1.1 per cent.

CTVNews.ca Top Stories

Israel says it has killed top Hamas leader Yayha Sinwar in Gaza

Israeli forces in Gaza killed top Hamas leader Yahya Sinwar, a chief architect of last year's attack on Israel that sparked the war, the military said Thursday. Troops appeared to have run across him unknowingly in a battle, only to discover afterwards that a body in the rubble was Israel's most wanted man.

Stay Connected