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Financial struggles in restaurant industry could impact landlords

Nearly half of restaurant operators expect profits to decline this year
Some restaurants are struggling as the cost of food and supplies increase and people eat out less frequently. (Jack Adams/CoStar)
Some restaurants are struggling as the cost of food and supplies increase and people eat out less frequently. (Jack Adams/CoStar)

Nearly half of Canada's restaurant owners expect profits to worsen this year as labour constraints and uncertainty around federal policies take their toll on diners, according to an industry association.

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