Canadian National Looks For Bridge Funding

The National Ballet of Canada is looking for money to ease its transition into a new theate three years from now. “The opera and the ballet companies had been equal partners in the previous attempt to build an opera/ballet house — the $311 million Moishe Safdie folly that was cancelled in 1990. This time around, the ballet company decided the stakes were too high, and it preferred to invest its money in improving the company and creating new work rather than putting up its limited available dollars into bricks and mortar.That’s how the ballet company wound up being the chief tenant rather than co-owner of the new performing arts centre.”