Thursday, January 17, 2008

Elton Returning To Canada For One Off Show

Vancouver mining mogul Frank Giustra and former U.S. president Bill Clinton are asking Bay Street to dig deep for a chance to attend a charity event in Toronto featuring musician Elton John, comedian Robin Williams and actor John Travolta.

A table at the party, which is also expected to feature performances by Mr. Williams, singer Shakira and Canadian rock legend Burton Cummings, won't be cheap.

Prices range between $25,000 and $300,000, according to several sources in the mining and financial community who received the invitations. The most expensive tables are already sold out.

Proceeds raised at the March 1 event will go to the Clinton-Giustra Sustainable Growth Initiative, the charitable endeavour launched by the two men last summer to help communities in developing countries affected by the mining industry.

Mr. Giustra threw a similar bash in Toronto last year, ostensibly to celebrate Mr. Clinton's 60th birthday. That event, which included appearances by actor Billy Crystal, and singers James Taylor and Sarah McLachlan, raised a stunning $21-million (Canadian) for Mr. Clinton's foundation to fight aids in Africa. The party saw Bay Street heavyweights outbid one another for auction items which included a trip with the former president and a private meeting with U2 lead singer Bono.

This year's party will coincide with the start of the Prospectors and Developers Association of Canada conference, an annual event that brings much of the world's mining industry to Toronto.

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