El Nino weakening doesn't mean cooler temperatures this summer, forecasters say
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Widespread capacity limits, venue closures and other government-mandated COVID-19 safety measures left Canada's performing arts sector facing a major financial downfall in 2020.
A report this week from Statistics Canada says efforts to prevent the spread of the virus during the first year of the pandemic drove revenues to their lowest level since the federal agency began tracking the data in 2014.
Overall, the performing arts industry's operating revenues plummeted 31 per cent to $1.8 billion from $2.6 billion in 2018 when the figures were last available.
The hardest hit were for-profit performing arts companies which saw operating revenues tumble 40 per cent to $942 million as international tourism effectively stopped and fewer Canadians visited cities with theatre hubs.
Organizations in Quebec were hit with the biggest revenue declines, followed by Ontario, Alberta and British Columbia, with all four provinces comprising nearly 95 per cent of the industry's revenues.
Non-profit companies also faced financial setbacks, though the report noted that impact was softened by support from government grants and subsidies.
Their revenues dropped $166.3 million, mostly due to evaporating single ticket sales, which were down $113.7 million. Subscription sales fell $31 million.
At the same time, those non-profits became more reliant on fundraising, subsidies and corporate sponsorship, which provided 62 per cent of operating revenue compared to 46 per cent in 2018, according to the data, released Monday.
With fewer ticket buyers showing up for live performances, some companies began live streaming events, and that helped bolster e-commerce sales, which accounted for nearly 24 per cent of all sales revenues.
This report by The Canadian Press was first published Jan. 25, 2022.
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
A 15-year old boy who was critically injured after a stabbing in Nepean on Thursday has died of his injuries, Ottawa's English public school board said Sunday.
Police say it’s fortunate no one was injured or killed in a collision at North Vancouver’s Park and Tilford shopping centre Saturday evening that sent one vehicle careening into a flower shop and another into a set of concrete barriers outside a Winners store.
The Maple Leafs battled back from a 3-1 series deficit against the Boston Bruins with consecutive 2-1 victories - including one that required extra time - in their first-round playoff series to push the club's Original Six rival to the limit before suffering a devastating Game 7 overtime loss.
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