The Metropolis of Mississauga is abruptly renaming a serious sports activities facility it owns and operates, alleging the distinguished Ontario restaurant that sponsors the constructing owes town tens of millions.
An extended-term settlement between town and Paramount Wonderful Meals gave the corporate naming rights and concessions privileges for a constructing that can now be generally known as the Mississauga Sports activities and Leisure Centre.
The tip of the settlement was confirmed on Monday, when Paramount Wonderful Meals CEO Mohamed Fakih introduced the change.
“Like each sponsorship, there comes a time when one chapter ends and one other begins,” he wrote in a submit.
“After greater than a decade, we’ve made the choice to conclude our sponsorship and redirect our group funding towards new initiatives and alternatives throughout Mississauga.”
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However days later, metropolis workers stated the contract was terminated early as a result of the corporate had allegedly did not pay it greater than one million {dollars}.
“The Metropolis tried its finest to work with Paramount however was unable to succeed in a decision and obtain fee,” a spokesperson stated.
“The Metropolis’s major purpose is defending taxpayer {dollars}. Paramount Wonderful Meals owes the Metropolis of Mississauga $1,600,000.”
The Metropolis of Mississauga stated it deliberate to pursue authorized motion to attempt to drive the restaurant to pay up.
“It’s unlucky that the proprietor of Paramount has chosen to maneuver these discussions into the general public realm,” Mississauga Mayor Carolyn Parrish wrote in a press release additionally posted to social media.
Paramount Wonderful Meals didn’t reply to questions despatched by World Information on Tuesday concerning the alleged debt or potential authorized motion.
The constructing hosts sports activities video games and was additionally the situation of former Mississauga Mayor Hazel McCallion’s funeral.
Folks stroll concerning the venue earlier than the funeral for former Mississauga mayor Hazel McCallion on the Paramount Wonderful Meals Centre in Mississauga, Ont., Tuesday, Feb. 14, 2023.
THE CANADIAN PRESS/Cole Burston
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