Tim Reid

REAL requesting $6.4 million budget for 2024

REAL requesting $6.4 million budget for 2024

Dec 15, 2023 | 9:56am
Regina Exhibition Associated Limited (REAL) requests a larger budget for the city’s 2024 edition. REAL’s request comes in at $6.44 million, an increase of $5.3 million over the $1.1 million budget provided in the last three years. The budget is divided into three areas: $2.7 million for operations, $2.6 million for debt payments, and $1 […]

Council appoints six city staffers as interim REAL board

Nov 25, 2023 | 5:38am
Regina City Council has appointed six individuals to the REAL Board of Directors on an interim basis following the resignation of the board earlier in the week. All newly appointed directors are also employees of the City of Regina and are: The interim directors have each been appointed to a term ending July 31, 2024. […]

Special Council Meeting Set for discussion about REAL

Nov 24, 2023 | 4:58am
Regina City Council is holding a special meeting today at 3:00pm. The topic: the smoldering wreckage that is the Regina Exhibition Association Limited. This week, council narrowly voted to remove the board of directors of REAL. Minutes after that vote was confirmed, the entire board of directors voted unanimously to resign. REAL was hit hard […]
REAL directors removed by Regina City Council

REAL directors removed by Regina City Council

Nov 22, 2023 | 4:34pm
Regina’s city council has removed the directors of REAL. After a close 6-5 vote this afternoon at City Council’s meeting, council voted to remove the directors until administration completes a report with resolutions on its fate. A financial report on REAL by MNP released last week found the situation was unsustainable, suggesting further cash was needed from […]

City of Regina now responsible for Tourism Regina

Nov 9, 2023 | 11:50am
The City of Regina is now responsible for Tourism Regina, following a unanimous vote from the city council to take responsibility away from the Regina Exhibition Association Limited (REAL). REAL requested the change after its board of directors unanimously agreed that the transition of Tourism Regina away from REAL would be the best path forward […]

QCX attendance slightly down from 2022

Aug 10, 2023 | 10:04am

Attendance numbers are in for the 2023 QCX, and while they were down a bit, the REAL District said security incidents were down significantly over 2022 due to better screening. A total of 259,530 people hit the fair between Wednesday and Sunday last week. That’s seven per cent lower than last year, but the REAL […]

45th annual Canada’s Farm Show gets underway today

Jun 20, 2023 | 8:43am

The wait is over: Canada’s Farm Show is here. The 45th edition of the show kicked off yesterday afternoon with a “sneak peak” outside of the Saskatchewan Legislative Building. Agriculture Minister David Marit, Regina Mayor Sandra Masters, CEO of the Regina Exhibition Association Limited Tim Reid, and representatives from Viterra and South Country Equipment were […]

City council approves REAL to take on more debt and long-term plan

May 24, 2023 | 8:46pm

Regina city council approved Regina Exhibition Association Limited (REAL) to take on more debt. Council’s approval will allow REAL to access another $3.4 million in debt, which will not push the organization over its $21 million debt ceiling. Also, apart from the approval, the city administration will develop a long-term sustainability plan for REAL for […]

Executive Committee approves REAL to take on more debt

May 18, 2023 | 12:23pm

Regina Exhibition Association Limited (REAL) was in the spotlight of Regina’s executive committee meeting. A report before the committee said that REAL would owe $6.9 million by September and won’t be able to make its “obligated payments” without taking on more debt or getting a cash injection. Over nearly five hours, councillors questioned REAL’s current […]

REAL needs cash injection to make “obligated payments”

May 17, 2023 | 9:42am

A report before Regina’s Executive Committee says that Regina Exhibition Association Limited (REAL) needs a cash injection to make its “obligated payments.” According to the report, REAL has faced significant challenges in having sufficient cash flow to meet its operating and capital needs. This summer, it will need an injection of funds to meet its […]