Why does my sword only does damage once but then stops doing damage after?

I am currently working on a sword right now and everything is going perfectly, but my sword only does damage once when I swing my sword. If my swing my sword again, it would stop damaging. I have a BoolValue that is set as a debounce, and the debounce works perfectly fine. When the debounce is true, it is able to do damage, if it's false, then it doesn't. I make it where it defaults as true first, but right after it does damage, it is set to false, but after one second, it is set back to true, and since it's true, it should be able to do damage again, but it doesn't. Someone, please explain why and how to fix it. Thanks!

Local Script:

local CanAttack = true
local player = game.Players.LocalPlayer
local char = player.Character or player.CharacterAdded:Wait()
local idle = char:WaitForChild("Humanoid"):LoadAnimation(script.idle)
local attack = char:WaitForChild("Humanoid"):LoadAnimation(script.attack)
script.Parent.Equipped:Connect(function()
    idle:Play()
    script.Parent.Activated:Connect(function()
        if CanAttack then
            idle:Stop()
            attack:Play()
            CanAttack = false
            wait(1)
            attack:Stop()
            idle:Play()
            CanAttack = true
            script.Parent.CanDamage.Value = true
        end
    end)
end)
script.Parent.Unequipped:Connect(function()
    idle:Stop()
end)

Script:

script.Parent.Activated:Connect(function()

    script.Parent.blade.Touched:Connect(function(p)
        if script.Parent.CanDamage.Value ==  true then
            p.Parent.Humanoid:TakeDamage(20)
            script.Parent.CanDamage.Value = false
        end
    end)
end)