The Forest of Reading Festival is Canada’s largest literary event for young readers and is continuing to grow each year since its inception in 2007.  It typically culminates in a 2 day awards celebration for the school-aged programs of the Forest of Reading® in Toronto, with satellite Festivals across Ontario that have happened over the years. Over 6,000 people attend the Festival in Toronto at Harbourfront Centre.

In 2012, the OLA began its Festival expansion and now each year satellite locations are put on in additional cities. Satellite Festivals have been held in Thunder Bay, North Bay, Parry Sound, Ottawa, Sault Ste. Marie, Kitchener and London. The first French Festival was also held in 2014 in Toronto. It is the first and only French literary festival of its kind in Canada. In 2020, 2021 and 2022, the award ceremonies were presented virtually for the first time in partnership with CBC Books to reach young people during the Covid-19 pandemic. In 2023 the Festival returned to in-person for 4 award ceremonies and 5 were delivered digitally.