Pride Toronto has reported that three major corporate sponsors withdrew their funding for the annual festival, citing various reasons that align with a backlash against DEI programs in the U.S. Executive director Kojo Modeste expressed disappointment over the sponsors' decisions, which he believes may stem from fears related to public support for 2SLGBTQ+ organizations in light of U.S. government executive orders targeting DEI initiatives. The loss of sponsorship impacts the festival's financial stability, highlighting the ongoing challenges faced by diversity advocates in the current socio-political climate.
Every time we lose a sponsor, there is less money that is directed to the festival. And so, it will definitely have an impact on us.
I'm very disappointed because so much work has been done to get us where we are, in understanding and doing diversity, equity and inclusion work.
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