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It was revealed yesterday that the province quietly gave Maple Leaf Sports and Entertainment $500,000 to help bring the NBA all-star game to Toronto.
The Liberals never issued a news release to announce the funding from its “Celebrate Ontario Blockbuster” program.
The Canadian Taxpayers Federation says MLSE was recently valued at over $2 billion and that it “doesn’t exactly need corporate welfare.”
Premier Kathleen Wynne defended the move, and Tourism Minister Michael Chan says the organization came forward with a proposal that the government looked at from all angles.
MLSE is predicting the NBA all-star game will generate around $100 million for Toronto.
