Inflation, high costs could bring end to Toronto’s famous Santa Claus Parade

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Inflation, high costs could bring end to Toronto’s famous Santa Claus Parade
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Inflation and high operating costs could end up proving to be the Grinch for organizers of the Toronto Santa Claus parade, they warn.

and high operating costs could prove to be the Grinch for organizers of the Toronto Santa Claus parade, they warn.

“However, with growing inflationary and operational costs, combined with recent widespread corporate budget constraints, the Parade is facing a deficit that is currently jeopardizing its future.” “These funds will help the Parade meet increased operations and Parade-day security costs and fund new livestreaming production costs,” they say in the GoFundMe.“Each year, attendees of all ages, backgrounds and faiths, line up along the Parade route. For generations upon generations, this is a long-standing annual family tradition, and for many newcomers, this is a must-attend city event to experience Canada and Toronto, at its best during the holidays.

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