TORONTO – Addressing growing concerns that video stores throughout the city are closing down amidst falling profits, Toronto mayor Rob Ford announced a new tax subsidy to help video-rental business owners.
“The city should do what it can to support the visual arts,” Ford told reporters. “Imagine a world where a famous Hollywood actor walks down the street unrecognized. That’s not the type of world I want.”
Ford went on to to add “we can only cut corners so much” and said he would do everything in his power to “get the city’s [financial] books in good order” so as to afford the subsidy.
with files by Keith Cochrane
