Mischka Crichton stated, "Securing funding now is essential as we begin preparations for next year's festival, including marketing, vendor and artist agreements, and material sourcing for bands and costumes. Budget allocations must be established well in advance to ensure that we can deliver the high-quality experience visitors expect." This highlights the urgency of financial support for operational planning and success of the festival.
Crichton expressed concerns about the festival's future, saying, "The event costs roughly $3 million a year to produce, but receives less than $1 million annually from all three levels of government combined." This statement underlines the financial shortfall affecting the festival's sustainability.
She emphasized the potential impact of a cancellation: "Cancelling the festival would have a profound economic and cultural impact on Toronto." This reflects the broader implications of losing such an important cultural event.
Crichton discussed the need for consistent funding, noting, "The petition calls for annual funding of $1.5 million from the federal and provincial governments to keep the event going, in addition to the emergency funding." This indicates a long-term financial solution is needed.
#toronto-caribbean-carnival #emergency-funding #cultural-festival #financial-management #government-support
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