Large summer festival cancelled after 21-year run in Mississauga, Ontario [Video]

A summer festival that took over Mississauga’s lakefront on Canada Day has been cancelled.

Paint the Town Red, which has been celebrated in Port Credit every July 1 since 2003, will not be taking place this year but organizers vow the festival isn’t finished.

A notice posted on the festival’s Facebook page says the decision to cancel this year’s event was made “due to limitations in funding, increasing operational expenses, logistical difficulties, and ongoing economic instability.”

Paint the Town Red is known as one of the city’s liveliest festivals by turning the country’s birthday into a day-long affair.

The day starts with a parade along Lakeshore Road then continues with live music in Memorial Park, street performers, food vendors, and plenty of activities for kids. The event is topped off with a large fireworks display at night.

“Sad news. I don’t like to attend to many things but I looked …