Pride Toronto’s Financial Crisis Deepens

Toronto News Today | 2 Min News | The Daily News Now! · Jun 26, 2026 · 1m

Pride Toronto is in deep financial trouble, facing a $700,000 deficit this year despite cutting back on 2025 programming — and next year’s event will look drastically different. The crisis echoes last year’s $900,000 shortfall, fueled by sponsor departures and soaring security costs. While the city has boosted funding, it’s falling short, prompting hopes that taxpayers might help — though City Hall says no specific talks are underway. The province has approved maximum funding for 2026 under Experience Ontario. Meanwhile, a separate Church Street pedestrianization project also faces a budget…