The Department of Canadian Heritage, which runs the popular winter festival, says it is moving all programming online due to the ongoing COVID-19 pandemic.
Downtown convention facility that attracted more than 63,000 out-of-town visitors in the 2019-20 fiscal year has seen its revenues plummet during the pandemic.
Organization says limits on the size of public gatherings and other measures aimed at curbing the spread of COVID-19 would “interfere” with spectators’ enjoyment of the event.
Toronto-based carrier blamed the latest deferral on a recent surge in COVID-19 cases and ongoing travel restrictions aimed at curbing the spread of the virus.
With the city still in the grip of COVID-19, organizers of the popular annual event said they made the difficult decision to plan a virtual event again out of an abundance of caution.
It's a move some observers say could become increasingly common as hospitality property owners look to wring more value out of their investments during the pandemic.