Regina Exhibition Association Limited is getting some financial relief amid COVID-19. On Wednesday, Regina city council approved a motion allowing REAL to access about $4 million in funding, borrowed from the city. “This allows them to have funds available to pay their staff and continue on providing services,” Regina Mayor Michael Fougere said on Wednesday.
Tim Reid, REAL’s president and CEO, said the funds should hold them over until the pandemic over. “We’re optimistic we will see some degree of business opportunity coming late summer, obviously before that would be wonderful…we just don’t know if that is 10 per cent of business that turns back on, 50 per cent or 100 per cent.” City council passed a bylaw in 2015 which allowed REAL to