Kitchener-Waterloo Symphony files for bankruptcy
CTV
It comes less than a week after the symphony abruptly cancelled its upcoming season and days after leadership announced they needed to secure $2 million by Friday to avoid insolvency.
The Kitchener-Waterloo Symphony has filed for bankruptcy.
The 78-year-old symphony made the announcement late Thursday afternoon.
It comes less than a week after the symphony abruptly cancelled its upcoming season and days after leadership announced they needed to secure $2 million by Friday to avoid insolvency.
Musicians, who are now out of jobs, started a grassroots fundraising campaign to save the symphony.
Despite becoming GoFundMe's highest earning Canadian campaign this month just a day after launching, it wasn't enough.
“We are absolutely devastated about this outcome,” Rachel Smith-Spencer, chair of the symphony’s board of directors, said in a news release.
“In the last three days, we have appealed to all of our major stakeholders and have exhausted all available avenues to secure the $2 million required immediately to continue operations.”
School buses across the north are cancelled Wednesday due to poor road conditions and snow squall warnings.
Environment Canada has issued a blowing snow advisory for the London region Wednesday.
A developing low pressure skirting colder air in place across eastern parts of the country will bring snow, rain, and wind to the Maritimes on Thursday.
Toronto could see the first taste of winter weather this morning as a low-pressure system brings snow to the city on Wednesday morning.
Montreal's transit authority failed to properly consult with the public over its 'indefensible' plan to force an elderly couple out of their home to build a new ventilation station in Rosemont-La-Petite-Patrie, a commission was told Tuesday evening.
In the oldest Chinatown in the entire country sits Loy Sing, a business that holds the title of longest continually run Chinese business in North America. It has now been in operation for 136 years and counting.
The Provincial Auditor of Saskatchewan is recommending that the province improve its system of monitoring sales of farmland to foreign entities.
With seven months under their belt, Gather Local Market at River Landing continues to try new ideas to move their concept forward. The latest addition is helping small businesses get off the ground.
A Quebec man has been sentenced to prison after attempting to smuggle more than 1,000 forged documents into the country, including Canadian permanent resident cards and driver's licences.
An outspoken former Calgary bishop who was outspoken on several issues such as LGBTQ policy and school HPV vaccinations has died.
Revelations about a cheeky comment during a dinner meeting at president-elect Donald Trump's Mar-a-Lago resort between Trump and Prime Justin Minister Trudeau last week are creating waves.