As if it’s not bad enough having the BC Real Estate Association announce their forecast of a 14% price decline on your downtown condo, now you won’t even be able to watch the fireworks in English Bay from your balcony:
The HSBC Celebration of Light, the summer fireworks festival that has attracted thousands of people to Vancouver, will not proceed this year due to a lack of funding.
The Vancouver Fireworks Festival society said Wednesday in a press release that the not-for-profit society has been unable to retain and add enough sponsorship to meet the event’s $4 million budget.
“It has been an exceptional 18-year event — the largest of its kind in the world — and it is a credit to our many exceptional sponsors that we kept the event going year after year. However, the current financial situation makes it impossible for us to continue.”
At least you can take some comfort in the fact that you still live in the “Best Place on Earth”.