Pride Toronto’s Uncharted Waters: Navigating a Future Without Major Corporate Sponsors

Pride Toronto is entering uncharted waters, needing to navigate a future without major corporate sponsors after Google and Home Depot withdrew their support. This comes after Nissan, Adidas, and Clorox also pulled out, leaving organizers to grapple with a significant financial deficit they attribute to Donald Trump’s anti-DEI campaign.
Kojo Modeste, executive director of Pride Toronto, noted the abruptness of the withdrawals, with Google and Home Depot communicating their decisions via concise email messages. These sponsorships are crucial for the festival’s operations, covering costs such as staff salaries, artist fees, and enabling the event to remain free for its three million annual attendees.
Modeste voiced profound concern for the festival’s long-term sustainability, fearing the necessity of “drastically cut[ting] what the festival looks like for 2026.” He underscored the importance of maintaining the festival’s scale and accessibility, particularly for younger generations who have come to rely on Pride as a vital community space.
Professor Sui Sui of Toronto Metropolitan University, an expert in DEI initiatives, corroborates the broader trend of corporate retreat. She explains that the White House’s anti-DEI push is causing corporations to reconsider their support for LGBTQ+ events, suggesting that some past commitments may have been more about perceived profitability than genuine advocacy.