08/02/2014 04:42 EDT | Updated 08/02/2014 05:59 EDT

Caribana Parade 2014 Is Overflowing With Colour (PHOTOS)

Toronto's Caribbean Carnival, which almost everyone calls Caribana, is without a doubt the most colourful and extravagant festival the city puts on every year.

The event is in its 47th year, billing itself an "explosion of Caribbean cuisine, music, revelry as well as visual and performing arts."

The parade is the marquee event of the three-week festival and winds along a 3 1/2-kilometre stretch of Toronto's Lakeshore Boulevard.

A spokesman says the festival has improved safety after the death of a Mississauga, Ont., teenager who was run over by a float at last year's parade.

Stephen Weir says the trucks are now equipped with protective skirts.

He says the parade celebrates the end of slavery in the Caribbean, and the simple joy of freely walking down the street.

"It's six to eight hours of people jumping up and waving flags and listening to soca music and steel bands," he said. "It's one of those things you can see it as a thing about emancipation or it can be a thing about just having a good time in the summer in Toronto. Both are equally right."

Check out some of the best photos we've seen so far from Saturday's parade below.

caribana 2014

caribana 2014

caribana 2014

caribana 2014

Toronto mayoral candidates Olivia Chow, John Tory, David Soknacki and Rob Ford came out to dress up and, in Ford's case, show off some dance moves.

With files from The Canadian Press