“it’s a bummer for the city, a bummer for the area,” sofikitis said. “it’ll have an economic effect on businesses for sure.”
given the celebration of lights’ immense popularity, sofikitis was surprised nobody had stepped up to save the event. “i think someone’s gotta knock on bigger doors, you know?” he joked, wondering if b.c. billionaire jim pattison might be interested.
the festival is clearly beloved: a leger poll conducted earlier this year found most metro vancouver residents consider the celebration of light an iconic part of the city, with nearly three-quarters of respondents supporting government funding for the event.
but that funding never came.
as operating costs for the $3 million festival soared last year, federal funding was eliminated, and provincial and corporate support dropped sharply.
ottawa’s contributions for the festival fell from $450,000 in 2023 to $250,000 in 2024, and were cut entirely this year and for 2026. provincial funding has stayed steady at $250,000 for the last 15 years — unchanged in absolute dollars, but eroded by inflation. that budget was to be slashed to $100,000 next year.
at the same time, paul runnals, executive-producer of the festival, said every line item in the event’s budget has gone up, including labour, supplies, materials and insurance costs. its annual budget has jumped by about $700,000 in the last four years, a 35-per-cent increase from before the pandemic.