TORONTO - The sad but true reality has finally set in within the city of Toronto's EDM lovers. For the past few years, rumors have been going around that the infamous Guvernment Nightclub was going to close. Opening back in 1996, within the 17 years of existence, Guv has managed to be the longest standing club in the city. Playing host to some of the biggest names in the scene has never been a problem for the massive complex. In 2013 it was ranked #16 in the world in DJ Mag's Top 100 Clubs, unfortunately dropping to #38 in 2014.

“It makes me proud to see how far we’ve come,” said Charles Khabouth, the CEO of INK Entertainment, the company that owns the complex, in a statement. “The Guvernment is one of my proudest achievements and after such a long-lasting journey with such fond memories, we want to thank all those who made it possible and shared in our successes.”

On January 31, 2015, the Guvernment and its partner concert venue, Koolhaus, will close with a special set of events — a "massive bang," said Khabouth.