Episode

TTC Forgives $6M in Station Rent

Podcast
Montreal News Today | 2 Min News | The Daily News Now!
Published
May 27, 2026
Duration seconds
87
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Summary

Toronto’s transit agency just wiped the books clean on nearly $6 million in unpaid rent from subway station businesses—mostly hit hard by pandemic shutdowns. Two major players, Gateway Market Canada and Tobmar Investments, went bust after ridership plummeted, while smaller shops also got relief. Despite hopes that office returns would revive transit, ridership remains below pre-pandemic levels. The TTC is now hunting for new tenants to fill the void—warning this kind of debt shouldn’t recur unless another crisis strikes. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/3d50121189a443e3