VANCOUVER – The Government of Canada has announced it is investing $10 million in infrastructure and facility upgrades for the Pacific National Exhibition (PNE) in Vancouver, B.C.
The PNE was founded in 1910 and has been an anchor attraction for the Lower Mainland for the past 110 years.
The funding is intended to help the exhibition with post-pandemic recovery and growth and will involve new fair entertainment infrastructure, lighting upgrades to reduce environmental impact, facility upgrades and improved IT infrastructure.
“The PNE is extremely grateful for these much-needed investments into facilities and infrastructure that make our business stronger, and in turn allow our organization to continue its historic role as B.C.’s largest ticketed event, the largest employer of youth and a key economic driver within the B.C. economy. This fund was targeted to support large fairs, festivals and events across Canada and the PNE thanks our federal government for including us in the group so hard hit by COVID,” Pacific National Exhibition president and CEO Shelly Frost said in a statement.
Funding for the project is provided through the Major Festivals and Events Support Initiative which has a budget of $20 million over two years to assist major Canadian festivals and events impacted by COVID-19.
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