Toronto is set to start the new year with the loss of yet another independent book store.
Local media reports say the Book Mark is set to close by the end of this month. The store, which is located on Bloor Street West in Etobicoke, claims to be Toronto’s oldest independent bookstore, with more than 45 years of operation.
The closure is being blamed on a sharp rise in rent and high property taxes.
The Book Mark announcement continues a trend that has seen the closure of several Toronto books stores over the past few years. The list includes The Flying Dragon, Pages, This Ain’t the Rosedale Library, Ballenford Books, David Mirvish Books, and McNally Robinson Booksellers.