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New Ontario law capping resale prices frustrates season ticket holders

The Canadian Press
The Canadian Press
New Ontario law capping resale prices frustrates season ticket holders

Fans fill the seats as the Toronto Raptors play the Philadelphia 76ers during NBA first round playoff action in Toronto on Wednesday April 20, 2022. THE CANADIAN PRESS/Chris Young

Ryan Van Horne has had season tickets for the Toronto Raptors for 12 years but for the first time, he’s considering ending his streak.

That’s because Ontario legislation that came into effect last month capped the price of resale tickets at face value, plus the cost of some taxes and service fees.

The move makes it harder for seat holders, like Van Horne and a pal he shares his subscription with, to offset their costs by selling tickets to games they can’t attend.

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