Toronto live music venues to receive tax break to cope with COVID-19 challenges - InfoNews

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Toronto live music venues to receive tax break to cope with COVID-19 challenges

Toronto Mayor John Tory speaks as Ontario Minister of Health Christine Elliott and Federal Minister of Health Patty Hajdu listen at a news conference on COVID-19 in Toronto on February 11, 2020. Toronto Mayor John Tory is giving dozens of live music venues a tax break as the pandemic has muted shows across the city. Tory announced Thursday that 45 venues will receive a combined $1.7 million in property tax relief to help cope with the financial challenges of COVID-19. THE CANADIAN PRESS/Frank Gunn
August 20, 2020 - 1:35 PM

Toronto Mayor John Tory is giving dozens of live music venues a tax break as the pandemic has muted shows across the city.

Tory announced Thursday that 45 venues will receive a combined $1.7 million in property tax relief to help cope with the financial challenges of COVID-19.

The Cameron House, the Garrison, Horseshoe Tavern, Burdock, Lula Lounge and the Painted Lady are among the establishments that will benefit from the program.

Tory said the measure is meant to help the city's concert halls stay open as physical distancing restrictions have slashed capacity.

A press release says the program will stay in place beyond 2020 to ensure the "long-term viability" of Toronto's live music sector.

It says city staff will analyze the impact of the measure and report to council next year.

This report by The Canadian Press was first published Aug. 20, 2020.

News from © The Canadian Press, 2020
The Canadian Press

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