Tuesday, October 31st

Will Montréal still be able to dine out?

What’s In This Email

  • 4,000 Montréal restaurants have closed since the pandemic

  • 5 Things to watch in Canadian business this week

  • Canadians aren’t sleeping

  • 5 Horror movies to watch on Halloween

  • Notable Spotlight: Holiday Fair in the Square

  • Notable Plug 🔌

✍️ TAKE NOTE

Montréal restaurants adapt to rising costs but worry customers might be priced out

Photo by Mathias Reding

Montréal’s restaurant scene is disappearing at a rapid pace due to inflation, with over 4,000 closures since the start of the pandemic. Restaurant owners fear that this trend will only continue.

Key Takeaways

  • The rise in rent and food prices may put independent restaurants at risk of closing

  • Customers don’t have as much disposable income as they used to

  • The cost of “literally everything” has increased by 20-30% in Montréal

  • Montréal is known for its dining out scene, which may be forever altered for the worst, leaving  nothing but fast food chains

  • 4,000 restaurants have closed since the pandemic

Five things to watch for in the Canadian business world in the coming week

Photo by David Vincent Villavicencio

From GDP figures to the labour force survey results, here are five things to look out for this week.

Key Takeaways

  • Air Canada will report its third-quarter results and hold a conference call with investors before financial markets open on Monday.

  • Statistics Canada will release its GDP by industry figures for August on Tuesday.

  • Shopify Inc. will report third-quarter results on Thursday before markets open and hold a conference call with analysts.

  • Statistics Canada will release its labour force survey for October-information about the job market.

  • Enbridge Inc. is expected to announce its third-quarter results and hold a conference call with analysts before financial markets open on Friday.

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 🌐 AROUND THE INTERWEBS  

Four in 10 (40%) Canadians agree that they often have a difficult time sleeping because they are worried about their finances, and just under half (48%) say their mental health is negatively impacted by their thoughts about their finances.

Five underrated horror movies that offer up the stuff nightmares are made of to put on your watch list this Halloween.

1. As Above So Below
2. The Invitation
3. Last Shift
4. Lake Mungo
5. You’re Next

@scarymoviereview

For your weekly watchlist 🤗 #horror #horrortok #scary #disturbing #fyp #fypシ #horrormovie #scarymovie #spooky

🔦 NOTABLE SPOTLIGHT 🔦

Holiday Fair In The Square is back, and it's better than ever before! Get ready for a magical winter wonderland in the heart of North York's Mel Lastman Square.

December 1 - December 23, 2023

🔌  NOTABLE PLUG

🎙️ Get Into It: The Trauma Therapist Podcast is about the human spirit. Join Guy Macpherson, PhD at thetraumatherapistproject.com as he interviews thought-leaders in the fields of trauma, mindfulness, addiction and yoga, and we learn about the journeys of these passionate mental health therapists who dedicate their lives to helping those who've been impacted by trauma. Listen on Apple or Spotify.

📄 Notable Hires: Marketing Manager @ Sentaler.

🎓 Hope This Helps: Mental health crisis resources in Toronto. If you or someone you know needs mental health and/or substance use crisis support, here is a list of 15 resources that you can access for free right now.

🧠 Today, We Learned: The 1998 film “You’ve Got Mail” was originally titled “You Have Mail” - but after a consultant hired by Warner Brothers found out that AOL hadn’t trademarked their iconic "You’ve Got Mail!" greeting, the film’s title was changed to the one we know today.

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ABOUT NOTABLE
Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.