Toronto's Budweiser Stage just got a new name and will soon transform

Toronto's Budweiser Stage has officially been renamed, officially taking on the new name of RBC Amphitheatre effective immediately.

The renaming was announced by Live Nation and RBC on Tuesday, Oct. 28, 2025, ending a seven-year run under the Budweiser branding, and a 30-year streak of sponsorship by major brewers.

Budweiser is actually the second beer brand to sponsor the venue, which opened as the Molson Amphitheatre in 1995, was renamed Molson Canadian Amphitheatre in 2010, and rebranded again as Budweiser Stage in 2018.

The RBC sponsorship is just the first step in what will ultimately be a full-scale transformation of the venue into an all-season facility by 2030. This will require an almost two-year closure of the venue for renovations from fall 2027 to summer 2029, when it will reopen as a temporary summer-only concert venue as renovations continue into the following year.

The forthcoming transformation is a key component in the province's controversial reimagining of Ontario Place, with a futuristic enclosed design that would allow operator Live Nation to host performances throughout the year.

Upgrades are set to include a new pedestrian bridge to improve the flow of crowds, added food and beverage options, and a lookout deck, while preserving much of what makes the venue shine today, like its signature open-lawn seating.

"The redevelopment of RBC Amphitheatre, formerly Budweiser Stage, strengthens Toronto's position as a global entertainment hub and a must-play city for artists who are touring," aid Michael Rapino, President and CEO of Live Nation Entertainment.

Rapino promises that, "With these changes, RBC Amphitheatre will become a world-class venue with unmatched acoustics, fan-friendly design and elevated hospitality experiences."

RBC President and CEO, Dave McKay, believes that the partnership with Live Nation "will attract even more top performers to this beloved venue and bring fans exceptional new music and entertainment experiences," and that the improved venue "will create hundreds of new jobs, draw in thousands more visitors and help boost local businesses across the region."

RBC and Live Nation expect the upgraded venue will "significantly increase its show count," projecting that over 1.5 million concertgoers will attend the facility annually post-renovation.