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Kitchener-Waterloo Symphony announces path to return

CTV Kitchener: Symphony financials
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There is new hope for the return of the Kitchener-Waterloo Symphony.

Just over a year ago, the symphony abruptly cancelled its 2023/2024 season just days before it was scheduled to start.

On Sept. 19, 2023 the organization announced it needed to secure $2 million by the end of that week to avoid insolvency.

Despite last-ditch fundraising efforts, the organization filed for bankruptcy on Sept. 22, leaving around 66 musicians and staff without a job.

However, on Thursday, the Kitchener-Waterloo Symphony (KWS) announced the bankruptcy had been annulled after a proposal to creditors received unanimous support and approval from the Superior Court of Ontario.

“The board is delighted to be working with the musicians of the KWS to continue an almost eight-decade legacy of bringing a diverse range of live concerts and outreach programs to audiences,” Bill Poole, Chair of the KWS Board of Directors said via a news release. “We’re excited to define and realize a strategic and artistic vision for the future of the KWS moving forward, continuing the orchestra’s longstanding commitment of delivering exceptional live music experiences as a living part of our community.”

KWS is planning to work with musicians for two concerts at St. Matthews Lutheran Church in Kitchener to finish out the year.

The first concert, On Remembrance and Hope, is coming up on Nov. 16 at 7:30 p.m.

The second concert, KWS Holiday Celebration, will happen on Dec. 20 at 7:30 p.m.

Previously, the symphony called the Centre in the Square home for more than 40 years. It is not clear if the symphony will be returning to their previous venue at this time.

In the meantime, the symphony is still collecting donations online to fund concerts and create a structure for the future.

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