I've never been big on street festivals. However, I know that the Celebrate Toronto street party held in mid-summer was very popular.
Now Emporer - er rather Mayor David Miller is kiboshing the whole thing. The $$$ will instead go to one of his favourites - something with a French title called "Nuit Blanche". The imperial thumb has been pointed downward for Celebrate Toronto - and up for Nuit Blanche.
I guess Nuit Blanche brings in more of Miller's upper class friends and Harvard classmates (reason enough to shelve it:-) - whereas Celebrate Toronto brings in too many of the unwashed suburbanites.
This is just more evidence that Toronto isn't growing up despite the City of Toronto Act. If the mayor isn't big enough to accept that one of his predecessors cam up with a good idea, we have no business running our own show.