Artscape receivership delayed at least 30 days, says Chow | CBC News ...Middle East

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Artscape, the Toronto non-profit founded in 1986 to address a growing affordability crisis pricing artists out of the city, has had its receivership delayed by at least 30 days, Mayor Olivia Chow said Saturday.  Last week, the non-profit told artists who live and work in its more than a dozen buildings that it was being placed in receivership. In an email, Artscape told artists that attempts to resolve increasing financial challenges were unsuccessful.  But on Saturday, Chow said the receivership had been delayed with support from TD Canada Trust and the city.  “We’ve also convened a working group that includes city staff and philanthropic, business and community leaders to develop a susta

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