The most wonderful time of the year can quickly turn into the most expensive time of the year. With all the Christmas shopping, awesome events, warm weather clothing, and Starbucks lattes you can't help but indulge in, your bank account can look sadder than Scrooge himself. This holiday season, you don't have to go broke in order to have some fun. Take part in these Toronto free Christmas events so that you can start the New Year with some money to your name. Who said you need to spend money to enjoy the holidays? Toronto offers lots of winter activities that will have you and your wallet feeling merry. Glide across Toronto's new massive outdoor skating rink, and watch some of your favourite holiday films for free. You can see stunning light shows and magical holiday displays that will fill you with cheer. The Toronto Christmas Market is a must-go each season, and you can get in for no cost at all on select days. If you do want to treat yourself to a special event, both WinterFest and the Aurora Winter Festival are amazing places to see. Both festivals do have an admission cost. Leave your wallet at home and head out to these festive events around the city this holiday season. Holiday Fair In The Square Price: Free When: December 7, 2019 - December 22, 2019 Address: 100 Queen St. W., Toronto, ON Why You Need To Go: Watch themed performances, explore the Artisan Village, and have fun in the Holiday Midway. View this post on Instagram 414- Fair On The Square (Snapseed + Google Pixel) . . . #streetsoftoronto #artofvisuals #master_shots #bleachmyfilm #creativeoptic #faironthesquare #complexphotos #big_shotz #awesomepix #capturedconcepts #ournaturedays #earthpix #tourtheplanet #earthofficial #createandcapture #igrefined #supreme_nightshots #vzcomood #folksouls #shotzdelight #torontomind #urbanandstreet #thelensbible #1loveto #toptorontophoto #toronto_insta #torontoclicks #thankyoutoronto #dailyhiveto #torontoworld A post shared by David Hutchinson (@deehutch25) on Dec 12, 2017 at 8:50am PST Website Hudson's Bay Price: Free Address: 176 Yonge St., Toronto, ON Why You Need To Go: Hudson's Bay has had a festive makeover, and you can take in all the Christmas cheer for free. Explore the FAO Schwarz Pop-Up and gaze at the magnificent holiday window displays. View this post on Instagram The Hudson’s Bay Holiday window displays are magical this year 🔮🧚♀️❄️🐇🧚♂️...#HBC #hudsonsbaywindows #hudsonsbaycompany #christmastime #holidayseason #motherdaughtertime #Shakeupyourholidays #windowshopping #walkabout #mystical #whimsical #magical #theatrical #QueenSt #Toronto #yyz #the6 #Nov2017 A post shared by @ photopixbytina on Nov 22, 2017 at 8:16pm PST Website Evergreen Winter Village Price: Free When: November 30, 2019 - December 22, 2019 Address: 550 Bayview Ave., Toronto, ON Why You Need To Go: Drift along an outdoor skating rink and wander through a local market at this charming winter village. View this post on Instagram Getting into the holiday spirit with my hot apple cider and spending time at one of our favourite places during the holidays (without the crowd of the Toronto Christmas Market but with the same holiday vibe). We stumbled upon this gem on one of our first dates and we’ve been coming back every single season of every single year since ❤️ #evergreenbrickworks #evergreenwintervillage A post shared by @ viilly_ on Dec 2, 2018 at 7:14am PST Website Coach Holiday Tree and Pop-Up Price: Free When: Photobooth available on December 7 & 14, 2019 Address: 3401 Dufferin St., North York, ON Why You Need To Go: Watch a spectacular animated Christmas tree light show and snap some pictures in a horse and carriage photo booth at Coach's Yorkdale pop-up. Coach | Handout Website Union Station Ice Rink Price: Free When: November 29, 2019 - January 4, 2020 Address: Union Station, 65 Front St. W. Toronto, ON Why You Need To Go: Glide across Toronto's brand new outdoor skating rink for some major Christmas cheer. View this post on Instagram Holiday excitement starts at the Best Buy Warming Lounge at Union Holiday—presented by TD! Starting Friday you can experience Best Buy's Top 24 gifts Advent Calendar, personal gift advisors, a winter wonderland of amazing tech, and more wonderful holiday surprises #TDUnionHoliday A post shared by Union Station (@torontounion) on Nov 27, 2019 at 6:56am PST Website Toronto Christmas Market Price: Free Tuesdays - Fridays, $8 - $12 on Friday evenings & weekends When: November 14, 2019 - December 22, 2019 Address: 373 Front St. E., Toronto, ON Why You Need To Go: It just isn't Christmas without visiting Toronto's iconic holiday market, filled with tons of delicious food and dreamy decor. View this post on Instagram Who's headed to the Christmas markets this year?! 🙋♀️ A post shared by Tee (@thatsotee) on Nov 17, 2019 at 9:16am PST Website Christmas Movies Price: Free When: See calendar for dates Address: 506 Bloor St. W., Toronto, ON Why You Need To Go: Hot Docs is showing a variety of holiday classics for free this year. You can watch films like A Christmas Story, It's A Wonderful Life, and National Lampoon's Christmas Vacation without opening your wallet. View this post on Instagram Merry Christmas from the jolliest bunch of a$holes this side of the nuthouse. #knifesale #usnstagram #usnfollow #nationallampoonschristmasvacation #funny #haha #handmade #custom #knife #edc #madeinusa #merrychristmas #nuthouse A post shared by Empire Outfitters (@empireoutfitter) on Dec 24, 2018 at 3:54pm PST Website There are stories everywhere. If you spot a newsworthy event in your city, send us a message, photo, or video @NarcityCanada on Twitter and Instagram. Toronto's Iconic Christmas Market Is A Holiday Dream