Ontario Bans Ticket Scalping, Caps Resale Prices

0:00This is Cory with the story, and here's what is making news across Toronto right now. Ontario's government is set to ban resale ticket prices above the original face value. The proposal amends the 2017 Ticket Sales Act, targeting scalpers and platforms like Ticketmaster and StubHub. Premier Doug Ford announced it would stop fans from getting ripped off at live events. This comes after the Ford government dropped a 50% resale cap in 2019, calling the old liberal law unenforceable. Last year, amid complaints over World Series ticket gouging in Toronto, Ford promised to review and tougher rules. Fans have long complained about sky-high prices for sold-out shows like Taylor Swift's Eras Tour, where tickets hit thousands of dollars. Opposition parties, including Liberals and NDP, push for action, with one bill aiming to restore the cap. The new plan also cracks down on fake tickets and unfair service fees. It follows similar moves in Quebec, where resales can exceed face value without a beneficial approval, and a full ban in the United Kingdom last year.

1:06Officials say these changes will make events more affordable for Ontario fans, ensuring fair access without the exploitation.