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Reitmans donate $20 mil to Toronto fest


September 15, 2007 Reitman, a Toronto native, and his sisters, Agi Mandel and Susan Michaels, donated downtown land valued at CAN$17 million ($16 million), on which the Bell Lightbox festival headquarters is being built. The Reitman family also waived CAN$5 million ($4.7 million) in management fees stemming from their participation in the consortium developing the new headquarters. The Reitman children first proposed building a condominium tower and year-round home for the festival on the land in 2002.

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