A new report out today:
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BNN BLOOMBERG ARTICLE: Canadians dine out less, look for value: report
Here's why my friends and I go out a lot less than we did before the lockdowns.
1. Overall Increase Since 2020
Menu prices for food away from home rose by 8.8% at their peak in March 2023, the fastest pace in over two decades.
As of 2025, prices continue to rise steadily—about 0.3% per month, with a year-over-year increase of 3.9%.
In Canada, food prices overall have surged more than 27% since 2020
- By late 2020, over 140 bars and restaurants had already shut down due to financial strain and lack of rent relief.
- In 2025 alone, at least 9 more notable restaurants and bars have permanently closed, including Pink Sky and Greta Solomon’s
- During Tiff, my friends and I used to go to the Elephant and Castle on King St. West. We used to get amazing Sheppard's Pie, Mac and Cheese, Burgers, fries, and other stuff. The Sheppard's pie tasted homemade, and it was a substantial portion, and you could get a slice of cheddar on top. That was one of my favourite dishes. Since the pandemic, the menu and food quality have changed. The Sheppard's Pie is half the size, has more sodium, and less flavour, while costing more.
- This year, they gave TIFF Volunteers a discount. I went with one of my friends 1 time, as we aren't as able to go as a group as we used to. I ordered the Chicken sliders. They were very underwhelming. We did get a discount, but I wouldn't say I loved it. If it were on the old menu, I am sure it would have been a lot better. In order to keep up with rising restaurant costs, they are having to lower food quality to make their payroll and rent. I totally understand, but I don't want to waste my money on underwhelming food.
- While there are still restaurants with excellent service, most of the time, they are really high-end restaurants that can afford to provide better service because they charge more.
- In general, I find there is a big veil of apathy over the city and its servers. They don't enjoy their jobs, and they don't get paid enough to sustain a good life anymore. You would give up caring if you were treated the way they are by some customers, but at the same time, sometimes they are just exhausted and don't care anymore.
- In my area, there are so many Korean restaurants and Sushi restaurants. They can't all be great, so there are a lot of pretty much the same thing in the same area, but most of them aren't very good.
- A lot of restaurants purchase frozen, pre-prepared food to cut down on labour costs. A big bag of frozen French fries will never taste as good as freshly cut twice-fried at the correct temperature.
- Where I live and work, you can almost cut and paste the same kind of food to both areas. I live uptown but work downtown. But it's the same kind of stuff. Korean restaurant, Sushi restaurant, Pizza, Shawarma, lots of things with rice. So many similar Asian food places. Toronto is craving something new, so when a new restaurant called Nakwon Kisa opened in North York there were so many people that they had to reduce the number of seatings allowed in the restaurant. There were lineups outside. I think it's because their concept was different than what is in the area. I haven't been yet, so I can't comment on the food, just the desire to find something different and new, reasonably priced and delicious.
- I don't think people realize how difficult it is to get to some restaurants around Toronto these days. My friend picked a restaurant on King St. E. for her birthday, and we had to maneuver around streetcar track construction and traffic to get there, and then found that their air conditioning wasn't working.
- My friend had to drive down the DVP during rush hour to get there. If you know, you know. Another friend had to take the GO from Ajax. None of us live or work near there, so we had to factor in getting delayed getting there.
- I heard restaurant entrepreneur Trevor Lui say that when he does interviews for his restaurants, people just ghost him. They ghost the interview or don't show up for the job. How can you run a restaurant like that?
- I used to go out to food events or restaurants a couple of days a week. Now I hesitate, and it has to be something I want to try, a birthday, or it's free or easy to go to.
- I used to get invited to tastings; it was a nice way to try restaurants you might not know about or go to.
- Now, if I am downtown at my office, I just want to go home as fast as I can after work to get out of the downtown area and avoid the crowded subway ride home. Also, trying to get to specific restaurants at 6-6:30 is becoming extremely difficult. Subway delays, traffic, and construction.