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The 70-year-old actor will be the first-ever recipient of the award, the festival organisers said.
“Announcing the incomparable Meryl Streep as the first-ever recipient of our TIFF Tribute Actor Award. #TIFF19” read a post from the festival’s official Twitter handle.
Streep will receive the award in person on September 9, they added.
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TIFF 2019 will run from September 5-15.