Billboard Tax Revenues Confirmed
Congratulations to the Beautiful City Alliance and the hundreds of artists and members of the public who championed the Billboard Tax as means to beautify Toronto through the arts.
The Supreme Court of Canada today declined to hear an appeal against the tax. Net revenues from the tax in excess of $10 million annually are now secured for the City of Toronto.
The arts sector and in particular hundreds of young artists were instrumental in supporting the tax and demonstrating to Council the associated public demand for increased arts funding. This led directly to the tax implementation and to consistent support from many City Councillors for dedicating billboard tax revenues to arts grants.
Toronto Arts Foundation will be working with the Friends of the Arts to communicate about this terrific opportunity for City Council to meet its long standing arts investment plan.
See Beautiful City Press Release.
For more information contact Susan Wright, 416-392-6802 x211; firstname.lastname@example.org