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April 26, 2005

$C25 million for Toronto fest: a new deal for Canadian cities

The new HQ for the Toronto International Film Festival, due for 2008 at a cost of $C122 million, got a boost Tuesday as the Canadian government kicked in $C25m, matching a commitment by the Ontario provincial government last monthm, reports the Globe and Mail. "Federal politicians also touted Ottawa's investment as in keeping with the government's commitment to a “new deal” for Canadian cities. Tuesday's $25m federal contribution will be managed under the Canada Strategic Infrastructure Fund... The new building – which will also house a gallery and screening rooms – is being billed as a year-round facility that would serve as both the headquarters for the main film festival as well its accompanying programs."

Posted by at April 26, 2005 11:34 AM

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