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Canadian government to invest in International Trade Centre

The City of Regina in Saskatchewan, Canada, may be welcoming a 150,000 square-foot International Trade Centre, announced July 23. To be constructed in Evraz Place, a 102-acre site of event and recreation facilities, the C$22 million multipurpose facility would be primarily funded by the local government.

Under the Growing Forward 2 cost-shared partnership, the federal and municipal governments fund projects to support Canada’s agriculture and agri-food sector. Each providing $11 million to the project, the facility would not only host agricultural events, but also large consumer tradeshows.

To connect several existing buildings, the proposed International Trade Centre would also be among the largest interconnected event facilities in North America.

Evraz Place is owned and managed by Regina Exhibition Association Limited (REAL). The corporation plans to contribute C$2 million to the Centre as part of its five-year capital plan. Included in the plan is to repay funds through revenues from Evraz Place revenues, according to Mark Allan, CEO, Evraz Place.

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