Hello everyone,

This week marked the end of one fiscal year and the start of another.

I want to take a moment to acknowledge that we ended 2024/2025 with a balanced budget. Thank you, everyone. This was a tough year financially and it required a huge amount of collective effort to consider revenue opportunities and expense savings, and advocate for additional support from the province. These things helped us achieve success. We did this while navigating some significant challenges and, at the same time, sharing very high-quality exhibitions and programs with our audiences.

Some of you have been asking about tariffs. We are assessing the impact on the organization and, at this point in time, we believe that the impacts will be manageable. I will keep everyone posted on our situation as things continue to evolve.

Welcome spring. Yesterday Alicia and Ryan took me on a hardhat tour of the Dani Reiss Modern and Contemporary Gallery. A couple of photos below.

Take care,

Stephan