Letter to our Supporters
The Victoria Tall Ships Society, (the VTSS), was formed in 2003 with a mandate to bring Tall Ships to Victoria. Consistent with that mandate two festivals were held, one in 2005 and the other in 2008. These were very successful, providing enjoyment and education to the community along with considerable economic benefits. For instance, it is estimated that the community gained in excess of five million dollars as a result of the 2008 event.
Since then the Society has not been able to mount another festival. The recession of 2008 and the financial situation since then limited the ability of potential funders to assist. While there have been many expressions of appreciation for past efforts and of enthusiasm regarding future festivals they have not been accompanied by concrete pledges of material support.
This being so, the VTSS Board concluded that since it lacked the ability to meet the standards set in 2005 and 2008, it was time to dissolve the Society and a resolution to that effect was passed by the Board on November 3rd, 2016. Further it was agreed that any residual assets of the Society be distributed equally between the Sail and Life Training Society (SALTS) and the Maritime Museum of BC (MMBC) once any outstanding debts and liabilities are dealt with.
The Board wishes to express its’ appreciation to all of those who have contributed to the success of VTSS, particularly the hundreds of volunteers without whom the Tall Ships Festivals could not have been held. No doubt at some future date others will rise to the challenge of putting on a Tall Ships Festival in Victoria and will continue the tradition of which we are all so rightfully proud.
President, Victoria Tall Ships Society