The Newfoundland and Labrador Folk Festival is set to celebrate its 50th anniversary with a one-day event at Bannerman Park on August 8. According to Jean Hewson, interim chair of the Newfoundland and Labrador Folk Arts Society, the festival will be different this year due to ongoing financial difficulties, including a $50,000 debt. Despite these challenges, the society was able to hold its 49th festival last year, and community support has been strong. The one-day event aims to feature a stage and a sound system, allowing musicians to perform and receive payment. Hewson expressed cautious optimism about the festival's future, noting the importance of the event to the community. Although the society has closed its offices and is working with a new interim board to stabilize its operations, there are hopes to resume other events and programs in the future, including initiatives for young musicians. While the 50th anniversary celebration will be limited this year, many in the community are eager to participate, as the festival holds significant meaning for them.