Music and the arts are not viewed as something worth supporting by the financial elite because they represent a drain on resources that could be, from the point of view of the capitalists, better spent on investing in the stock market or waging war.
Around three weeks after the Kitchener-Waterloo Symphony filed for bankruptcy, its creditors met inside the Conrad Centre for the Performing Arts in Kitchener to hear about what to expect going forward.
It comes less than a week after the symphony abruptly cancelled its upcoming season and days after leadership announced they needed to secure $2 million by Friday to avoid insolvency.