Toronto Symphony sells rare viola to cut deficit

The deeply troubled Toronto Symphony is selling a pedigree instrument to its own foundation in order to deal with a larger-than-expected deficit, blamed on its last boss.

A board member told the Globe and Mail: ‘There were commitments made by (Jeff) Melanson that were more expensive than anticipated.’

Report here.

melanson

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  • So after giving the TSO $4M, the Foundation has $4M less to invest to make money for the TSO, right?

    You can’t really invest a viola

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