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Regina Exhibition Association expects to see loss of $2.5M in 2020, $2M in 2021

Tim Reid Saskatchewan county Real covid-19 Coronavirus
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Regina Exhibition Association Limited (REAL) is glad 2020 is over, but expects another tough year in 2021 due to lingering effects from the coronavirus pandemic.REAL, who operates Evraz Place, expects to see about $2 to 2.5 million in losses when it officially closes its financial book on 2020.Its initial projection saw a loss of $7 million.

Iceville reservations sell out quick, Evraz Place changes booking process “We had to make difficult decisions and there’s a lot of incredible members of our team that haven’t been able to get a shift this year (2020),” said Tim Reid, REAL president and CEO.“Those aren’t easy decisions and they’re challenging times, but it was better than worst-case scenario.”REAL was ready to lose about $5.5 million,.

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India
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