albert truong — one of the thousands of ontario restaurateurs who lurched back to takeout-only on wednesday — has been feeling a little relieved this week. two of the staff at his 120-seat diner johnny quests in thamesville, ont., are home sick, another two are home isolating, and he wasn’t sure he’d enough people to run a proper indoor service anyway.
“it’s just exhausting,” he said.
but the new public health restrictions bring about more problems. it’s become almost routine at this point. the things that won’t sell on takeout — the juices, the chocolate milk — go to a shelter. and there’s the balancing act with staffing, where the restaurant can’t really afford to pay everyone but can’t afford to lose them all either.
thamesville, just over an hour east of windsor, isn’t really a takeout town. there’s no uber eats. a lot of the rural customers drive so far enough that the food’s cold by the time they get home. the restaurant’s revenues drop roughly 80 per cent, to about $20,000 a month, whenever it switches to takeout only, truong said. to cope, the business has laid off about five people, including his dishwashers and part-timers. “it would be more,” he said, “it’s just that we’ve lost employees along the way.”
after each wave of the pandemic, he struggled to staff back up after public health restrictions lifted. this time, he’s trying to keep as many as he can, so he has enough people to handle the reopening.
“i’m keeping the restaurant open longer than it needs to be,” he said, adding that he’s also made up tasks — snow shovelling around the property or cleaning inside — just to give the staff work. “i don’t want to lose anybody. i’ve got to make sure they’re getting enough hours that they don’t go looking elsewhere.”
truong, who also works as a train conductor and real estate agent, has spent $25,000 of his own savings so the restaurant could cover bills and invest in a new patio through the pandemic. he’s bought the business in the fall of 2020 and has already started thinking of selling it.
“you get almost paralyzed, because you don’t know what’s coming next,” he said.
economic growth will certainly take a hit in at least the first month or two of 2022, said dawn desjardins, deputy chief economist at royal bank of canada.
“but, overall, we think that the impact will be somewhat less than what we saw last year when we were in a different version of a lockdown simply because not as many people were vaccinated,” desjardins said. “we’re not anticipating negative necessarily but a soft quarter for growth that’s going to be made up with stronger growth as we go through the middle quarters of this year.”
that slower growth shouldn’t veer the bank of canada off its course to raise inflation rates, desjardins said. rbc is forecasting the central bank to begin raising interest rates in april, but some observers are anticipating hikes as soon as this month, when the governor tiff macklem and his deputies will convene on january 26 to deliver the monetary policy report. a strong labour market recovery that returned to pre-pandemic levels this fall, stronger gdp in the second half of 2021, plus rising wages and hefty consumer and business savings have primed the economy to handle the omicron wave, she said.
“i don’t necessarily think this is going to be sufficient enough to see them pivot away from the idea that the economy no longer needs these extraordinarily low interest rates,” desjardins said of the spread of covid-19.