Cinema des Sources 10
3237 Boulevard des Sources,
Dollard-des-Ormeaux,
QC
H9V 1Z6
3237 Boulevard des Sources,
Dollard-des-Ormeaux,
QC
H9V 1Z6
1 person favorited this theater
Cinema des Sources 10 opened on July 10, 1998 and was operated by Cinemas Guzzo. It was announced in November 2024 that the cinema would be closed on December 8, 2024.
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Recent comments (view all 10 comments)
Another Guzzo in an old Miracle Mart. The opening of this cinema has put an end to the Famous Players and Cineplex Odeon monopoly on new movies. Cineplex had Universal, Columbia Tri-Star, Warner (French), Fox and Famous Players had Paramount, Warner (English), Disney, MGM,
Grand opening ad for the mall from October 1st, 1966 (opened as West Island Mall)at View link
Plans for a new IMAX theatre carved out of two cinemas appeared to have halted. I uploaded an ad from November 1st, 2013.
Grand opening ads from 1998 uploaded in the photo section.
The IMAX screen opened on March 19th, 2014.
This theatre opened on July 10, 1998. Its opening movies (all Dolby Digital) include Lethal Weapon 4 (on four screens; its French version, L'Arme Fatale 4, also played), Madeline, The Perfect Murder, Titanic (on two screens), and Docteur Dolittle.
Guzzo is in financial trouble.
Cinémas Guzzo will close this cinema in December per Le Journal de Montréal.
Part of the article in the King’s English.
https://www.journaldemontreal.com/2024/11/27/groupe-guzzo-un-premier-cinema-ferme-ses-portes
In serious difficulty, the Guzzo Group is already starting to lose ground. At the beginning of December, the first of ten cinema complexes will close its doors permanently, Le Journal has learned .
Located at the Galeries des Sources, near the metropolitan highway (A-40), in Dollard-des-Ormeaux, this IMAX complex includes five movie theaters.
Its closure is scheduled within a few days, at the “beginning of December”, its president, Vincenzo Guzzo , confirmed to the Journal .
Neighbouring CF Fairview Point-Claire, this shopping centre is owned by Bayfield Realty Advisors, of Toronto. The property owner, who also owns Le Carrefour centre in Trois-Rivières, did not respond to our interview request.
The Guzzo Group has been a tenant of this shopping center on Boulevard des Sources since its opening. The lease, which was due to end in December, will not be renewed.
“We were unable to reach an agreement on an extension […] Since it was a cinema that was losing money, we decided to let it go,” its president said in a sworn testimony last week.
$38 million to be repaid to CIBC In a 27-page judgment, rendered last Friday, Judge Michel A. Pinsonnault of the Superior Court of Quebec authorized Raymond Chabot to exercise his sequestration powers with respect to some twenty companies of the Guzzo Group.
“CIBC [Canadian Imperial Bank of Commerce] is right to be concerned about the situation and the court must intervene by exercising its powers under the Bankruptcy and Insolvency Act (BIA) in the circumstances,” the judge wrote.
CIBC estimates that the Guzzo Group is short of some $38.6 million. Other private lenders, property owners and the governments of Quebec and Canada, among others, are also claiming tens of millions of dollars more.
Maybe Ciné Enterprise or RGFM or Cineplex or someone else will pick it up.
This cinema’s last day is on December 8, 2024, with its final films being Gladiator II, Moana 2 and Wicked (Part 1). At this point, the IMAX theatre already closed.
All Guzzo IMAX theatres chainwide closed November 29th as the IMAX section of the Guzzo website is blank.