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Economic Impacts of COVID-19 on Atlantic Restaurants & Bars

Date: March 25, 2020

  • All Atlantic provinces closed in-room dining and bars by the third week of March 2020, restricting sales to take-out.
  • Some Atlantic full-service restaurants have opted to shut-down completely, rather than offer take-out. Some popular drive-thrus (e.g., Tim Hortons) are reporting difficulty finding staff, while some limited-service restaurants (e.g., McDonalds) have closed take-out and are only offering drive-thru services.
  • APEC estimates this industry will see upwards of $0.8 billion in lost sales during the second quarter of 2020 (April to June).
  • Approximately $0.25 billion in regional sales should be maintained over this period via sales at take-outs and drive-thrus.
  • Employment has been reduced substantially.

For more information on how COVID-19 is impacting Atlantic restaurants and bars, see our industry assessment page.

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