The Joseph Richard Group, which owns a wide assortment of pubs, wineries, and other hospitality-oriented business entities throughout BC has filed for creditor protection.
, which owns a wide assortment of pubs, wineries, and other hospitality-oriented business entities, has filed for creditor protection under the, according to Supreme Court of British Columbia documents obtained by STOREYS.
The Clover 67 Private Dining Room and The Phat Bird Public House are set for the Clover Building in Surrey and the Rooster Building in Pitt Meadows, respectively, which are also owned by Joseph Richard Hospitality Group Ltd. The former houses the current head office of Joseph Richard Group and the latter is a strata development, according to court documents.
Joseph Richard Hospitality Group Ltd. also owns 10 holding companies that do not have any active projects, as well as four holding companies that operated four hospitality establishments that have closed in recent years: the Edith & Arthur Neighbourhood Public House in Surrey, the Study Public House pub in Simon Fraser University’s Burnaby campus, the Oceanside Public House in White Rock, and the Sudo Asian Kitchen restaurant in langley.
Bourque says that operations improved in Spring 2022 with the help of government subsidies, but says the hospitality sector has still not fully recovered from the impacts of the pandemic, and now faces further challenges, including but not limited to: increases in minimum wage, labour shortages, a higher employer health tax, additional sick days, supply chain issues, high food and supply costs, increased property taxes, and increases in the federal tax on liquor.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The CPM Group Platinum Group Metals Online Seminar 2023 |what really is happening in the platinum, palladium, rhodium, and minor PGM markets with the most comprehensive, unbiased, authoritative statistics and analysis
Read more »
Memory Lane: Remembering the old St. Joseph’s HospitalHistory writer Jason Marcon digs into the history of health care in Sudbury, in particular the evolution of St. Joseph’s
Read more »
Canadian arrested by U.K. police at on suspicion of membership in terrorism groupThe Metropolitan Police in London, England say counterterrorism detectives arrested a 28\u002Dyear\u002Dold Canadian national at Heathrow Airport shortly after noon.
Read more »
Real estate group says there are still bargains out thereThere are affordable options in almost every province, says the Canadian Real Estate Association
Read more »
Despite end to visa program Ukrainians will still seek refuge in Canada, group saysThe federal government has ended a special program for Ukrainians looking to come to Canada
Read more »
Despite end to visa program Ukrainians will still seek refuge in Canada, group saysThe federal government has ended a special program for Ukrainians looking to come to Canada
Read more »