Montreal Opera Mopping Up The Red Ink

“The Opéra de Montréal yesterday gave itself a pat on the back, reporting that its prodigious 2006 accumulated deficit of $2 million had been trimmed to just under $700,000. This reduction was the result of staff layoffs, a season of four rather than five productions and the continued support of corporate and government funding sources. The public also responded, with an attendance rate in Salle Wilfrid Pelletier of 92 per cent and a $760,000 increase in box-office revenue.”