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New Ontario law capping resale prices frustrates season ticket holders
The cap is forcing season-seat holders to choose between selling at face value or using riskier channels to recover costs, fans and consultants say.
- Ontario legislation that took effect last month caps resale ticket prices at face value plus taxes and service fees, forcing season seat holders to reconsider long-term commitments as market-rate sales disappear.
- Previously, season ticket holders like Ryan Van Horne could off-load tickets at market value to offset high subscription costs; the new regulations now prevent recovering the full expense of seats.
- Sho Kalache, a Toronto Tempo season ticket holder, said "the ease of off-loading tickets is gone" after platforms removed her listings to comply with the new law. She now gives away tickets through her wife's real estate business.
- Maple Leaf Sports and Entertainment and the Toronto Blue Jays said last week they are working with the government to adapt systems. Ontario is running a public consultation on the policy until May 10.
- Ontario Minister of Public and Business Service Delivery Stephen Crawford claims the law makes events "easier and more affordable for families," but sports business consultant Paul Beirne called it "a blunt force" that will "penalize normal behaviour.
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New Ontario law capping resale prices frustrates season ticket holders – 105.9 The Region
TORONTO — Ryan Van Horne has had season tickets for the Toronto Raptors for 12 years but for the first time, he’s considering ending his streak. That’s because Ontario legislation that came into effect last month capped the price of resale tickets at face value, plus the cost of some taxes and service fees. The move makes it harder for seat holders, like Van Horne and a pal he shares his subscription with, to offset their costs by selling ticket…
Coverage Details
Total News Sources18
Leaning Left9Leaning Right0Center5Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
C 36%
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