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Upscale Toronto restaurant lowers menu prices amid economic pressures

Phoebe Knight, Dished

created: Aug. 11, 2025, 7:40 p.m. | updated: Aug. 12, 2025, 7:58 p.m.

A Toronto restaurant known for its elevated dining offerings is slashing its prices to better fit customers' shrinking budgets. 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. Still, for those who want something that teeters a little closer into fine dining, Richmond Station also offers a bi-weekly seasonal tasting menu that has historically been priced at $129. According to Richmond Station's Instagram post, the menu overhaul comes as a thank you to the patrons who have kept the restaurant alive all these years. "Richmond Station has always been a neighbourhood restaurant, built on your loyalty," the team writes.

2 months ago: blogTO