REGINA — There are two notable items on the Nov. 26 Regina executive committee meeting
Economic impact from large events:
The city has presented a report regarding the Events, Trade Shows, and Conventions (ECT) Fund overview for 2025.
The report mentions where the grant had been invested for the 2025 events and the overall economic impact each provides, which includes (in order of date):
- The Grind (Part of Regina Frost): $1.78 million;
- Skills Canada Competition: 10 million;
- Canoe-Kayak Sprint National Championship: roughly $2.434 million;
- Sport Hosting Experience Event & Conference; $215,519;
- Vanier Cup: roughly $4.47 million (estimated economic impact) ;
- Canadian Western Agribition: over $69.60 million (estimated economic impact).
Between these six events, the city used $180,000 from the reserve.
Underutilized Land Improvement Strategy update:
City administration will present a five-year update on the city’s Underutilized Land Improvement (ULIS)
“The purpose of the ULIS is to determine the goals and actions for the City to encourage investment in vacant and underutilized sites,” notes the report.
Since 2020, the city has redeveloped 47 ULIS lots. The total building permit value of construction for those lots was over $97.2 million. The developments created 361 dwelling units and resulted in approximately 75,400 square feet of new non-residential buildings.
Looking ahead, the city is currently working on 37 ULIS projects, with five yet to be started.
The city will provide a new ULIS report in 2031.
