The McLaughlin Planetarium was closed on November 5, 1995. The president of the ROM stated that the closure of the planetarium was due to a combination of falling attendance and a declining interest in space, and that the closure was necessitated by provincial budget cuts. The decision came as a surprise to many, as attendance had rebounded in recent years, and the planetarium was one of few in North America at the time that was turning a profit. The closure meant that 40 people lost their jobs.