Regina’s executive committee approved moving $850,000 of the Regina Exhibition Association Limited’s (REAL) debt funding to its operating allocation.

The recommendation also approved REAL carrying forward $199,000 in unspent 2024 capital funding into 2025.

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Council will need to give final approval for the recommendation at next week’s city council meeting.

The decision was unanimous, with only Mayor Chad Bachynski absent.

“Definitely, we see it as a positive financial improvement,” said REAL’s CEO Rick Bennett.

“I think any time that we are not incurring additional intere

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