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Upscale Toronto restaurant lowers menu prices amid economic pressures

A Toronto restaurant known for its elevated dining offerings is slashing its prices to better fit customers' shrinking budgets.For many Toronto residents, their wallets are feeling increasingly light amid skyrocketing inflation, cost of living, and tariffs. No matter what your job pays you, you're likely feeling the pinch these days, and often, a shrinking budget means that eating out at restaurants is among the first expenses on the chopping block.It's a reality that former Top Chef Canada winner and current owner of the Financial District's Richmond Station, Carl Heinrich, knows all too well.For the past 13 years, Richmond Station has stood as a neighbourhood staple at 1 Richmond St. W, emphatic in its assertion that it isn't a fine dining restaurant, per se, but rather a restaurant that cooks and serves its food properly. It's an undeniably upscale restaurant, with dinner entrées in the $30 to $50 ra...


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