Toronto Film Center Gets $25 Million

The Canadian government has committed $25 million toward a new Film Center for the Toronto International Film Festival. “Tuesday’s announcement brings the total amount raised to $94.7 million to date. However, organizers still have a long way to go before a groundbreaking ceremony – expected for next spring. The campaign goal is to raise $196 million, designated to pay for capital funding, the creation of an endowment fund and ongoing operational costs.”