Released on January 7, 2008
The Governments of Canada and Saskatchewan, in partnership with the City of Saskatoon, are investing $2.8 million in Prairieland Park's new, 20,000 square-foot building expansion. Funding is provided through the Saskatoon Urban Development Agreement.
The expansion provides new, dedicated livestock and related tradeshow space so that the existing Trade Centre may be utilized exclusively as conference and tradeshow space. Exclusive-use-facilities provide increased opportunities for Prairieland to draw larger events to the Trade Centre.
"The Government of Canada is investing in Saskatoon's economic future with this project," said Gerry Ritz, Minister of Agriculture and Agri-Food Canada and Minister for the Canadian Wheat Board, on behalf of Rona Ambrose, President of the Queen's Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification. "This new multi-purpose facility will enable Prairieland to increase its competitive position in Western Canada with its added capacity to host larger and more diverse events."
"I'm pleased that the Government of Saskatchewan is able to invest in this worthy project," Saskatchewan Municipal Affairs Minister Bill Hutchinson said. "The Province's support is a recognition of Prairieland Park's important contributions to Saskatoon and Saskatchewan in the areas of agriculture, industry, entertainment, education, sports and culture."
"Prairieland Park is a valued institution in our community," Saskatoon Mayor Donald Atchison said. "This development means more shows, more visitors, and more spin-off revenue generated. It's an amazing opportunity for the whole Saskatoon area."
With the additional multi-purpose facility, Prairieland Parks significantly increases its capacity to host simultaneous events and add to its number of programming days. Community benefits of this project include higher demand for hospitality services and a more competitive position for Saskatoon to attract national and international conventions and/or tradeshows resulting in greater economic prosperity.
"Saskatoon Prairieland Park Corporation is most pleased to be the recipient of funding from the Saskatoon Urban Development Agreement," Saskatoon Prairieland Park Corp. president Dennis Wiebe said. "These funds will be used directly for the next phase of capital development to accommodate new and expanded agriculture and equine events while maintaining our existing agriculture programs. Thank you to all three levels of government for this support."
The five-year Saskatoon Urban Development Agreement, signed among the Governments of Canada, Saskatchewan and the City of Saskatoon in 2005, will invest $10 million in revitalizing the city's older neighbourhoods, supporting a high standard of public infrastructure and promoting a positive business climate that attracts innovation.
Western Economic Diversification Canada is the federal department responsible for administering this agreement in conjunction with the Saskatchewan Government's Ministry of Municipal Affairs.
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For more information, contact:
Joanne Mysak
Western Economic Diversification Canada
Saskatoon
Phone: 306-975-5942
Tyler McMurchy
Saskatchewan Municipal Affairs
Regina
Phone: 306-787-5193
Cell: 306-537-7051
Jill Cope
City of Saskatoon
Saskatoon
Phone: 306-975-3461
Mark Regier
Saskatoon Prairieland Park Corp.
Saskatoon
Phone: 306-683-8800