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TORONTO — Ontario’s newly elected Progressive Conservative government has halted changes to sports and concert ticket price legislation that would have capped resale values for events across the province.
A spokesman for the Tories confirmed today that the law passed by the previous Liberal government to address escalating ticket prices will not immediately move ahead.
The Tories say the law attempted to put a cap on ticket resale prices but had no mechanisms to enforce the measure.
The new government, which was officially sworn in last Friday, says it will review the section of the consumer protection law that deals with ticket resale.
The law would have capped sports and concert ticket resale prices at 50 per cent above original face value.
It was set to come into effect on July 1.
