The billboard that adorns the front of Toronto Life Square this week couldn't be more appropriate.
The Ugly Truth , a soon-to-open film starring Katherine Heigl, is exactly what lies beneath this year-old development that was supposed to herald the final piece in the never-ending reconstruction of the Yonge-Dundas area.
Toronto Life Square, home to the massive 24-screen AMC movie theatre, Future Shop and an Adidas flagship store, has been placed in receivership, making it the city's first major casualty of the commercial-real-estate crunch and a sign of things to come.
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