O's is more "formal" and if this is a special treat would probably go there of the 2. Canoe has more menu choices and more interesting food, IMO. O's is more of a steak restaurant with other choices.
Although this is, admittedly, very subjective, I find O's service a bit "pretentious." A very minor point...I have never been to a restaurant which serves "choice" grade steak at a fixed price but has "prime" steak at market price.
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