News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Anita Anand, Minister of Public Services and Procurement and Canada Lands Company Announce a $21 million Investment to the CN Tower

07/23/2021 | 09:45am EDT

Toronto, Ontario--(Newsfile Corp. - July 23, 2021) - Today, the Honourable Anita Anand, Minister of Public Services and Procurement and Minister responsible for Canada Lands Company, announced a $21 million investment to enhance Canada's national symbol, the CN Tower. Canada Lands Company, a federal Crown corporation, owns and operates the CN Tower.

Canada Lands' investment will modernize the CN Tower's Outdoor Terrace Level, maximizing year-round indoor viewing capacity, extending indoor observation, and providing a new and uninterrupted glass floor. As well, the newly renovated space, 113 storeys above Toronto, will feature state-of-the-art interactive video walls to create opportunities for enhanced engagement and guest experience.

One of the primary goals of the redesigned space, slated to open next summer is improved accessibility. This second phase of the CN Tower's renovation plan builds upon the stunning $16-million Main Observation Level renovation in 2018. The Main Observation Level now features floor-to-ceiling glass "Window Walls," which improve accessibility to provide near seamless and unobstructed panoramic views of Toronto.

Today's announcement accompanies the CN Tower's reopening. After a suspension of operations of more than nine months, the CN Tower is delighted to welcome back guests to its observations level and EdgeWalk. The 360 Restaurant will reopen for dining on July 29.


"Toronto's vibrant tourism industry was hit hard by COVID-19. Canada Lands' investment of $21 million will provide visitors with a new experience to explore and discover at one of our country's most beloved attractions, and give Toronto the boost it deserves."

The Honourable Anita Anand, Minister of Public Services and Procurement

"Welcoming back visitors and residents to the CN Tower is a true sign of the reopening of our city. I know residents and visitors have been keen to experience the CN Tower and all it has to offer since its closure during the pandemic. I want to thank Canada Lands for investing in the Tower and for helping us make sure Toronto and its tourism industry comes back stronger than ever. This is one more example of the good things we can accomplish when we work together and when we invest in Toronto - Canada's economic engine. I encourage people to visit the CN Tower this summer and support Toronto businesses during their visit."

John Tory, Mayor of Toronto

"As its proud owner and manager, Canada Lands Company continuously innovates and invests in the CN Tower to offer enriching, world-class experiences. Today's announcement is anchored to our commitment to accessibility. It marks another exciting chapter in the CN Tower's history as a national icon and celebration destination."

Robert Howald, President and CEO, Canada Lands Company

"I am absolutely delighted to invite guests back to the CN Tower. Whether it's to celebrate a special milestone, experience the thrills from EdgeWalk, enjoy fine Canadian cuisine, or as a 'just-because' excursion, the Tower is here to help elevate the occasion. Our team has worked hard to ensure that every measure is in place to meet or exceed public health guidelines to provide a safe experience for all. Modernizing the Outdoor Terrace Level will take the Tower experience to the next level while enhancing accessibility for visitors to enjoy the space year-round."

Peter George, Chief Operating Officer, CN Tower

About Canada Lands Company

Canada Lands Company is a self-financing federal Crown corporation that specializes in real estate development and attractions management. Since 1995, Canada Lands has enriched Canadian communities and experiences by embracing the full potential of the properties it owns and operates. Canada Lands is a leader in attractions management with its operations of the CN Tower and Downsview Park in Toronto, the Old Port of Montréal and the Montréal Science Centre. Canada Lands Company strives to enhance economic, social and environmental value for Canadians. It has delivered more than $1 billion in economic benefits to Canada since inception.

About the CN Tower

At a height of 553.33 metres (1,815 ft., 5 inches), Canada's National Tower is an engineering Wonder, award-winning dining and entertainment destination, and has been Toronto's "must-see" attraction for over four decades. The CN Tower was visited by more than 1.98 million people last year. (Includes 370,000 360 Restaurant guests and 18,000 EdgeWalk guests)

Images are available for download here.


For media inquiries:

Marcelo Gomez-Wiuckstern
Canada Lands Company
(416) 407-3046

Jennifer Paige
CN Tower

To view the source version of this press release, please visit

© Newsfilecorp 2021
Latest news "Companies"
08:18aTEAM : Q2 Earnings Snapshot
08:17aSUNNOVA ENERGY INTERNATIONAL INC. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant (form 8-K)
08:17aHafnia Limited - Increase of Authorised Share Capital
08:17aUNITY SOFTWARE INC. : Other Events, Financial Statements and Exhibits (form 8-K)
08:16aAccelerate Diagnostics Reports Second Quarter 2022 Financial Results
08:16aPatrick Industries, Inc. Announces Expansion of Credit Facility
08:16aChartwell Retirement Residences Announces August 2022 Distribution
08:16aPATRIZIA : Deutsche Bank maintains a Buy rating
08:16aironSource Comments on Unity Board's Rejection of Unilateral, Non-Binding Proposal by AppLovin
Latest news "Companies"