This initiative complements American Express's Backing Historic Small Restaurants program, which has provided over $8 million to 180 restaurants across all 50 U.S. states, D.C., Puerto Rico, and the Virgin Islands since its creation in 2021.
According to new research from American Express Canada, younger employees are approaching business travel differently than their Gen X and Boomer counterparts.
In partnership with the International Downtown Association (IDA) Foundation, the 2025 program will offer 20 grants of $20,000 each to selected restaurants in Toronto and Montreal.
American Express has launched a grant program supporting 20 Canadian restaurants, providing financial assistance to bolster the nation's foodservice industry.