sharing the nickname "Hollywood North" with Vancouver. Many movie releases are screened in Toronto before wider release in North America. The Toronto International Film Festival is an annual event celebrating the international film industry. Europe's largest film studio, The Pinewood Studios Group, operates Pinewood Toronto Studios in the city's west-end.
Toronto's Scotia bank Caribbean Carnival (formerly known as Caribana) takes place from mid-July to early August of every summer, and is one of North America's largest street festivals. Primarily based on the Trinidad and Tobago Carnival, the first Caribana took place in 1967 when the city's Caribbean community celebrated Canada's Centennial. More than forty 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 generates over $400 million in revenue into Ontario's economy.
Pride Week in Toronto takes place in late June, and is one of the largest LGBT festivals in the world. One of the largest events in the city, it attracts more than one million people from around the world
