The Belvedere to close its doors on Calgary’s Stephen Avenue

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A long-time fixture on Stephen Avenue will soon serve its last meal, thanks in part to a faltering economy.

The owner of The Belvedere told Global News Thursday there are many reasons for the closure of the high-end restaurant, including the rising minimum wage, rising liquor taxes and upcoming changes to business policies and taxes.

LISTEN: Clayton Morgan explains why The Belvedere has decided to close its doors after 19 years

READ MORE: Economists dispute report suggesting Alberta minimum wage hike will cost 25K jobs

“It’s really death by a thousand cuts,” Clayton Morgan said, adding the restaurant was just getting hit by “one thing after another.”

The Belvedere has been in business for 19 years.

READ MORE: Does $15 minimum wage kill jobs? Experts debate Seattle’s results


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