Lethbridge Exhibition's fiscal year loss estimate revised to $3.26M due to new management and city funding.
The Lethbridge and District Exhibition in Alberta has revised its fiscal year loss estimate from $6.4 million to $3.26 million, thanks to a new management structure implemented in January. The Agri-food Hub and Trade Centre, which opened in August 2023, has faced financial challenges due to inflation and the pandemic. The City of Lethbridge has provided $6.1 million in funding to support the facility, which continues to anticipate a multimillion-dollar deficit.
6 months ago
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