The prices are set by the Toronto Port Authority. From what I remember, there was a a group of investors that wanted to purchase the boat, modernize it, make i

The prices are set by the Toronto Port Authority. From what I remember, there was a a group of investors that wanted to purchase the boat, modernize it, make it into a really swanky, multi-purpose, venue, on the water. But by that point the Port Authority and owner had been fighting for so long that mediation/intervention wasn't possible. It could be argued the Port Authority was charging him too much, perhaps just to get him to go. And that the owner was getting old, the best days of his restaurant were 30 years ago.