CFL has been DOA for years. The fact they are already declaring publicly their insolvency less than 3 months after the pandemic was declared is proof. C'mon, man. A business like the CFL should be much better able to weather the current economic storm than it is.
Truth is that the CFL has been insolvent for many MANY years, it just wasn't really common knowledge to anyone but the league, ownership, and the banks. Now the banks are resisting teeing up for more losses, as are the deep pocket owners of some of the privately held teams. I say let it die. Something else will invariably spring up to take its place. If that is a football product, great. If football can't make a go of it financially in Canada anymore, tough cookies. Time to move on until it can. Definitely not a taxpayer issue though.