AGO 70% To Goal

“The Art Gallery of Ontario announced yesterday it has raised more than 70 percent of the CAN$254-million it says it needs to bring superstar architect Frank Gehry’s renovation to fruition by spring, 2008, and not coincidentally pay off ‘a little bit’ of the debt from the AGO’s last $60-million expansion, in 1993… The gallery has earmarked CAN$30-million of the anticipated CAN$254-million for the administration and maintenance of its collections, with another $5-million going into a fund to acquire Canadian and international contemporary art.”