Pride Toronto stands at a financial crossroads, forced to balance potential budget cuts with the pressing needs of its community. The unexpected withdrawal of major sponsors Google and Home Depot, attributed by organizers to Donald Trump’s anti-DEI campaign, has created a significant financial shortfall for the festival.
Kojo Modeste, executive director of Pride Toronto, expressed frustration over the terse, one-line emails from Google and Home Depot, which he saw as an abandonment of the LGBTQ+ community. The loss of these significant financial contributions poses a critical threat to the festival’s operations, including staff salaries, artist payments, and keeping the event free for three million annual attendees.
Modeste’s concern for the festival’s long-term sustainability is profound. He voiced deep worry about the potential need to “drastically cut what the festival looks like for 2026,” a decision that would significantly reduce the scale and accessibility of this vital community celebration.
Professor Sui Sui of Toronto Metropolitan University, whose research focuses on DEI, provides academic context for these corporate shifts. She argues that the White House’s strong condemnation of diversity efforts is creating an environment where companies are less willing to openly support LGBTQ+ events, revealing the conditional nature of some past corporate alignments.