...one argument often advanced against the creation of a Canadian International Music Festival - Project Niagara in NOTL... is that the TSO and NAC are themselves unsustainable and/or face financial difficulties.......well, that just isn't so.....online

Globe and Mail November 26, 2009 TSO records modest surplus From Thursday's Globe and Mail

The Toronto Symphony Orchestra appears to have weathered the first wave of the global economic storm, posting a modest $29,637 surplus for the 2008-2009 season.

The balanced books are thanks in large part to nearly $9.6-million in ticket revenues from 112 concerts - a record for the TSO - as well as substantial increases in touring and fundraising revenues. A full third of the TSO's donors upped their gifts this year, and broad cost-cutting helped draw the orchestra out of the year's darkest period in early February.

Staff