“The Toronto Waterfront Festival has been an award-winning event for 16 years. We have welcomed millions of visitors, driven tens of millions of dollars in economic impact, and consistently delivered world-class programming that put Toronto’s waterfront on an international scale. Taking a year off is not a decision we made lightly. As a free, not-for-profit festival, without any government grant support and a decrease in corporate sponsorship, we are not in a financial position to put on a successful event for 2026. We are committed to doing this right, and we will be back,” said Mike Riehl, Chair, Water’s Edge Festivals & Events Board of Directors.
"The festival team is using the 2026 pause to plan a GIANT return. To give Torontonians something to look forward to, Water’s Edge Festivals & Events is thrilled to announce that the World’s Largest Rubber Duck will be returning to Toronto’s waterfront in 2027. “Mama Duck floated into Toronto in 2017 to celebrate Canada’s 150th anniversary. A decade later, we felt it was only fitting for her to waddle back for Canada’s 160th in 2027,” states Victoria Mahoney, Co-Producer of the festival."

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