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The average Canadian family will pay about $400 more for groceries and roughly $150
more for dining out next year, an annual food price report predicts. Food prices will rise
between 1.5 to 3.5 per cent in 2019, according to the report from researchers at the
University of Guelph and Dalhousie University. That means the average family of four
will spend $12,157 next year - up $411 from 2018. 1
Over the past three years, Canadian food spend has increasingly gone to restaurants,
bars, and other dining establishments. This category, known as food away from home
(or FAFH), has grown 3 percentage points since 1998. In 2017, Canadians spent
CAD68b (~$54b) at restaurants, cafés, and bars.2
By this benchmark, the Canadian restaurant industry could still claim an additional 14
percentage points of total food spend, which would equate to an additional CAD26.5b
($21b) a year. As consumers are increasingly busy, they favor convenience, which is
producing a global trend toward higher shares of FAFH. 3
Therefore, CusinaMO Express has a big chance for progress and development as
today’s markets remain strong.
To create and deliver quality products and services to consumers in every market
segment. And contributes value for our customers, clients, communities and principals
while offering them a constant growth prospects.
1
https://www.ctvnews.ca/canada/average-canadian-family-to-pay-400-more-for-groceries-next-year-report-1.4203513
2
https://aaronallen.com/blog/canadian-restaurant-industry
33
https://aaronallen.com/blog/canadian-restaurant-industry
BUSINESS PLAN
CusinaMO Joy Marie Basilia Caratay
In local market we have: Tim Hortons, McDonald, PFK, Sushi Plus, Subway,
FiestaFilipino and many to mention with their long term values in the community. But
CusinaMO Express is a concept of which most Canadian are now demanding for its
service as its called the “Artisan” products, all our products and services will be in-house
and handily crafted to give the best of our products.