In a decision today, the Canadian Radio-television and Communications Commission announced the licence of CKLN-88.1 Toronto has been revoked. The Commission cited questions of who controlled the station, which was apparently involved in a tug-of-war between two boards. They were locked out of their studios & transmitter room for several months, during which period the transmitter continuously broadcast a loop of programming hastily switched to air before the lockout.
The loss of licence is to be effective February 12th.
One Commissioner (and outside observers) believe the "death penalty" is somewhat extreme given the circumstances. There's a pretty good chance this revocation will be challenged.
(even if it isn't, or if the challenge fails, I'd be surprised if an FM frequency remains idle in Canada's largest city for long.)