Ontario is scrapping part of a law that would have capped ticket resale prices at 50 per cent above the original face value. Ticket resale site StubHub had warned the previous government that artificially controlling a global market would lead to resales being "driven off of secure channels" into the black market. The business community had also pushed back against the rule, with the Ontario Chamber of Commerce telling the then-attorney general in 2017 that Ontario ticket businesses would be harmed while those located outside the reach of the province's laws would be undeterred. Article Continued BelowBut NDP Leader Andrea Horwath said the ticket resale price cap would have helped families. Article Continued BelowOther changes to the Ticket Sales Act in this budget include requiring primary ticket sellers to disclose how many tickets are going on sale, if the tickets are going to be made available in batches.

Source: thestar April 15, 2019 20:15 UTC