Just chiming in for Toronto, Canada, the fine dining scene here has been battered during this recession period. Since about 2008, we've lost a few very established highly reputed restaurants such as:
- Susur (Susur Lee went to NYC to open Shang)
- Truffles (at Four Seasons)
- Perigee
- Xacutti
And a few other established highly regarded restaurants were sold, like:
- Splendido
- Celestin
- Jamie Kennedy Wine Bar
- Crush Wine Bar (sold just this week to a hotel group)
These restaurants represented some of the city's better, if not best. We'll surely recover, but Toronto's fine dining landscape is currently a shadow of its former self.