Ontario law caps ticket resale prices, frustrating some season ticket holders

A new Ontario law that limits resale ticket prices to face value plus certain taxes and service fees is changing how some season ticket holders manage their seats, according to a Canadian Press report published by Global News. Ryan Van Horne, a longtime Toronto Raptors season ticket holder, said the rule makes it harder to offset the cost of his seats by reselling games he cannot attend. He and other holders say they used resale to break even, not necessarily to profit, but the new cap has reduced the flexibility that made season packages workable. The article says the law has already affected some holders of Toronto sports and entertainment tickets, including Toronto Tempo season ticket holder Sho Kalache, whose listings were temporarily removed while resale platforms adjusted to comply. Ontario says the policy is intended to make events more affordable for families, while teams and platforms work through how to implement the changes.