Arts Go Broke.
I fear the domino of much-loved arts groups gasping their last breath has just begun:
– Soulpepper and Factory Theatre Lab have had to pull shows from their schedules or cancel premieres.
– Hot Docs and its famed Festival could cease to exist.
– Artscape is in receivership.
The Ontario Arts Council and Toronto Arts Council predict that by the end of the year many more groups will turn out their lights.
The reasons are as real as they are clear: ticket prices are rising even faster than restaurant meals and airfares; government support is wobbly, and corporate sponsors are going ‘in a different direction.’ That trifecta of doom has hit exactly when galleries, theatres and concert halls are coming out of rehab after COVID blew up their audiences and shredded their balance sheets.