Peeks Toronto Caribbean Carnival Present The Grand Parade. It is the largest event and highlight of the Toronto Caribbean Carnival. This event continues to attract local, regional, national, and international attention by visitors and media. After months of design and construction, bandleaders present masqueraders in colourful and striking costumes and steel pan bands wind their way from the assembly area at Exhibition Place east along a 3.5-kilometer stretch on Lakeshore Boulevard back into Exhibition Place. Guest bands will lead the parade, followed by Mas' costumed bands and Steelpan bands.