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This year marked the Island's 16th annual Pride Week. (The Canadian Press)

Prince Edward Island's pride celebrations wrapped up on Saturday with a parade and a party in Victoria Park.

Hundreds of people lined Charlottetown's downtown streets to watch the annual parade. People were decked out in bright colours and danced in the streets as 40 floats drove by, reported the CBC's Patrick Faller.

Shawna MacAusland, co-chair of Pride PEI, says it's great to see so many Islanders come out to show their support.

"Pride is really important, especially for, you know you have younger kids who are at home maybe not feeling comfortable with their own skin. Feeling like they don't belong, feeling insecure. There have been so many cases of suicide in the LGBTQ community. So it's really nice to have a community, a big turnout, for people to say, 'You're OK exactly the way you are," she said.

This year marked the Island's 16th annual Pride Week.