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Second-Generation Canadians Weigh the Cost of Carrying on the Family Business – and Their Parents' Legacy

  • Liu and her sister Joanna fully inherited their parents' restaurant six months ago amid rising costs and economic pressures in Toronto.
  • They took over to preserve their parents' legacy and avoid fallout from tariffs, rising food prices, and changing public dining habits.
  • The restaurant faced economic challenges including rapid food cost increases due to tariffs and shifts in consumer habits since COVID-19.
  • Liu predicted chicken costs could rise by 50 percent by summer's end, while Cronk said consumers are at their payment limits.
  • Despite struggles that nearly closed the restaurant two months ago, the family hopes their parents will one day return as guests and feel their work's impact.
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34 Articles

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CTV NewsCTV News
+7 Reposted by 7 other sources
Center

Second-generation Canadians weigh the cost of carrying on the family business – and their parents’ legacy

In the corner of her family’s downtown Toronto restaurant, Jeanette Liu’s young son eats a plate of chili chicken as customers gather around tables and servers bustle across the floor.

·Canada
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Winnipeg Free PressWinnipeg Free Press
+20 Reposted by 20 other sources
Center

Second-generation Canadians weigh the cost of carrying on the family business – and their parents' legacy

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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The Standard broke the news in Warrnambool, Australia on Thursday, July 3, 2025.
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