Dade Hayes Finance EditorCanada’s most populous province, Ontario, is shutting down movie theaters and other businesses for 28 days amid an uptick in COVID-19 infections.The move, which takes effect at 12:01AM local time, sidelines a major driver of North American box office at the same time that theaters in New York and LA remain closed.
Studios have shifted most releases to 2021 due to the pandemic-related closures, leaving U.S. theater circuits in a perilous state.Canada throughout the initial months of the coronavirus pandemic has been in the opposite position as the U.S., with politicians putting aside policy differences to tackle the situation.
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