10/10/2013 12:47 EDT | Updated 12/10/2013 05:12 EST

Toronto runners can join Santa Claus on his parade route

Hundreds of runners could be joining Santa Claus on his annual parade route in Toronto this year, as part of a new fundraising initiative for the annual event.

The Santa Claus Parade is set to kick off at 12:30 p.m. on Sunday, Nov. 17, from its starting point at Christie Pits.

But a half-hour before that, up to 2,000 runners will be able to begin making their way along a five-kilometre course starting from Bathurst Street.

The parade has dubbed it the "Holly Jolly Fun Run," and it will cost runners $100 each to participate.

The Santa Claus Parade website says that all proceeds will go to the parade.

The parade’s website says that it is does not receive any public funding to run the annual event.

Those who sign up for the new fun run will also get a toque, mittens and a charitable tax receipt.

The parade's website says runners must be at least 12 years old to take part.

Adults will need to accompany all runners younger than 16 years of age and the parade says that dogs and strollers will not be allowed.

Any interested runners can register for the fun run on the Santa Claus Parade website.