It is located on the grounds of Ontario Place and hosts many diverse acts, including genres like rock, pop, country, and jazz.

The venue had a capacity of approximately 16,000 -20,000 concertgoers who crowded the four grassy hills and the lucky few who sat on the 2,500 bench seats under a covered roof.

[2] The new Molson Amphitheatre garnered positive reviews in 1995, winning RPM Magazine's "Best New Concert Venue" award.

[citation needed] Van Halen performed two nights in a row at the Molson in August 1995; the shows were recorded for a Pay-Per-View and an unreleased live album.

[9] The amphitheatre hosted Canadian rapper Drake's annual OVO Festival from its inception in 2010-2015, 2017 and 2019, and 2022, when it was presented as October World Weekend.

The Festival has featured performances by Drake, Eminem, Lil Wayne, Jay-Z, Kanye West, The Weeknd, and A$AP Rocky among others.

On January 6, 2017, it was announced that the Molson Amphitheatre was renamed "Budweiser Stage", as part of a partnership between Labatt Breweries of Canada and Live Nation.