Giving Back To The City

“The Toronto International Film Festival Group announced yesterday that it had pumped $67-million into the economy in 2002, more than double the nearly $30-million the organization generated in 1993, the date of its last study of economic impact. In addition, the September film festival, widely considered second only to Cannes on the global stage, was responsible for $22.2-million in documented sales of four films, based on reports in trade papers such as Variety. However, the festival office says that sales figure is conservative, because a total of 41 films were sold, although not all prices are known.”