Culture and Entertainment
The Distillery District is a pedestrian village containing boutiques, art galleries, restaurants, artist studios and small breweries, including the well-known Mill Street Brewery. A new theatre in the district, the Young Centre for the Performing Arts, is the home of the Soulpepper Theatre Company and the drama productions of nearby George Brown College.

The production of domestic and foreign film and television is a major local industry. Many movie releases are screened in Toronto prior to wider release in North America. The Toronto International Film Festival is one of the most important annual events for the international film industry. Europe's largest film studio, Pinewood Studios Group of London, is scheduled to open a major new film studio complex in west-end Toronto, with five sound stages, with the first two to open by fall 2008.

Toronto's Caribana festival takes place from mid-July to early August of every summer, and is one of North America's largest street festivals. For the most part, Caribana is based on the Trinidad and Tobago Carnival, and the first Caribana took place in 1967 when the city's Caribbean community celebrated Canada's Centennial year. 40 years later, it has grown to attract one million people to Toronto's Lake Shore Boulevard annually. Tourism for the festival is in the hundred thousands, and each year, the event brings in about $300 million.