TORONTO, Jan. 16, 2013 /CNW/ - After 12 years in the making, Toronto
City Council has directed the billboard tax to arts and culture.
Starting with an investment of $6 million in 2013, City Council has
committed to a 4 year plan to increase Toronto's yearly arts investment
by $17.5 million and meet the long sought $25 per-capita commitment.
This will be accomplished by utilizing a $22.5 million arts and culture
reserve created from billboard tax revenue.
Council voted to meet the benchmark of $25 per-capita in 2003 under
Lastman, in 2010 under Miller and in 2011 under Mayor Ford. Despite
this, Toronto is (currently) last among comparable Canadian cities in
per-capita arts investment. The billboard tax has enabled the city to
finally act to bring arts funding up to competitive levels.
"It is a fantastic day for the arts in Toronto. There is going to be
increased support for young people across the city, our public spaces
will be rejuvenated and our economic vitality as a city will be
strengthened. Thank you to everyone who made this possible."
Devon Ostrom, Co-founder of BeautifulCity.ca
Photos Albums and Quotes from Councillors
For further information:
416 528 5747