Capital Pride declares bankruptcy!

“It is with extreme sadness and regret that Capital Pride must inform its membership, stakeholders and community, that after 29 years of operation, the Board of Directors has found itself in a financial situation beyond its ability to alter or repair and is now forced to declare bankruptcy.”(Source)

I’m not one to rejoice in other people’s difficulties, but this is great news.

Leaving aside moral issues for a moment, how do people like Mayor Jim Watson keep claiming that this event is a great tourist attraction and economic boon to our city? If the operation goes bankrupt, that doesn’t add up to me.

Hopefully  this will put a damper on future Pride activities.

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