From CBCNews.ca:

One of Toronto's most important independent bookstores has been spared from having to move from the its central downtown location — at least for a few months.

Late last year, Pages, a well-known Toronto bookstore, said rising rents were going to force it to relocate from the building near the corner of Queen Street West and John Street that it has occupied for more than 29 years.

"We're thrilled to be staying until at least the end of August," said Marc Glassman, who runs Pages, in a prepared statement on the bookstore's website.