Harbourfront centre toronto

Harbourfront Centre is $1 million behind in paying its rent

Beloved waterfront destination Harbourfront Centre is $1,391,621 behind in rent and taxes owed to the city according to the Toronto Star.

A report from the city outlines how a number of factors have contributed to the debt, including a $16 million dollar backlog in repairs, property tax increases on a nearby parking lot, and lack of support from public and private funding sources.

A working group formed by the city has stepped in to recommend forgiving the almost $1 million in debt and applying a $427,286 one-time grant to help Harbourfront Centre get back on its feet.

Part of the deal stipulates that Harbourfront will need to submit a business plan outlining how the organization intends to pay its taxes going forward.

The Harbourfront Centre has been under a 99-year lease to the city since 1997.

Lead photo by

Hector Vasquez


Join the conversation Load comments

Latest in Arts

Huts made out of tubes installed on Toronto's waterfront

The Sony Centre in Toronto has just been renamed after a credit union

9 places to donate your old books in Toronto

Here's what the Toronto Light Festival in the Distillery District looks like

The AGO is discontinuing its First Thursdays parties

Toronto just got a new community space in the Chinatown Centre basement

Toronto man goes viral with his motivational dance videos

Toronto designer says Indigo is using her trademarked work