Santa Claus Parade celebrates 120 years of holiday magic in streets of Toronto

The Santa Claus Parade made its annual return to the streets of Toronto on Sunday, celebrating over 120 years of tradition since its inception in 1905. As one of the oldest Santa Claus parades globally, it has persevered through challenging times, including the Great Depression and both World Wars. As Caryn Lieberman reports, recent inflation and rising operating costs posed significant threats to its continuation.