Playland’s Corkscrew rollercoaster at the PNE. (Black Press Media files)

Playland’s Corkscrew rollercoaster at the PNE. (Black Press Media files)

Vancouver says PNE needs $8M from the province in order to survive

City says 111-year-old exhibition stands to lose nearly $15 million after closures throughout the last year

The City of Vancouver says the financial impacts of the COVID-19 pandemic threaten to shutter the long-running Pacific National Exhibition if the non-profit organization isn’t able to secure emergency funding from the province.

It says in a statement the 111-year-old exhibition stands to lose nearly $15 million after closures throughout the last year and it requires $8 million in aid.

Mayor Kennedy Stewart says the city has been extending the PNE’s “ever-growing line of credit” and it needs provincial support if it’s going to continue hosting music, cultural, sports and other events each year.

The exhibition’s management says it would take more than 15 years to eliminate the forecasted deficit, jeopardizing the PNE’s ability to organize events.

Acting president Stacy Shields says the exhibition has survived two world wars and the Great Depression, but the challenges of COVID-19 have pushed it to the brink, putting thousands of jobs at risk.

Andrew Leger, president of the CUPE local union that represents most PNE workers, says the annual fair is B.C.’s single-largest employer of youth.

“For many, it’s their first job — work that helps pay for their education, or even gets their family established in Canada,” he says in the statement.

RELATED: Playland delays reopening due to COVID-19 concerns, B.C. travel ban

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

From now to November, WildsafeBC will be educating the public through its various programs in the community of Bella Coola. (Black Press Media file photo)
Bears are back, and so is WildSafeBC

Rae will be working hard to reach out to community members in new and innovative ways

Bella Coola’s new WildSafeBC co-ordinator, Rae Kokeš, has spent the last 10 years in Africa working in lion, human, conflict, and is a wildlife biologist by trade. (Photo submitted)
From the savannas of Africa to the Bella Coola Valley

New Wildsafe BC coordinator ready to tackle wildlife conflict

RCMP crest. (Black Press Media files)
Stolen truck found broken down on Highway 97C, Williams Lake suspect arrested near Ashcroft

A security guard first noticed the truck, and thought it looked suspicious

This will be the second year the Bella Coola Valley Rodeo won’t take place due to the pandemic. (Michael Wigle file photo)
Bella Coola Valley Rodeo cancelled for 2021

Club organizers say next year’s rodeo will be bigger and better than ever

Cameron Lang, (left) poses with his brothers Casey Lang and Colton Lang and their father Scotty Lang while volunteering at 100 Mile’s first Heavy Metal Rocks program in 2019. (Photo submitted)
Heavy Metal Rocks prepares alumni for professional world

Casey Lang got a new perspective from the class

(The Canadian Press)
Trudeau won’t say whether Canada supports patent waiver for COVID-19 vaccines

‘Canada is at the table to help find a solution’

Canada’s chief public health officer is reminding Canadians even those who are fully vaccinated are not immune from transmitting the COVID-19. THE CANADIAN PRESS/Adrian Wyld
Canada’s top doctor warns full vaccination does not equal full protection from COVID-19

Post-inoculation, Theresa Tam says the risk of asymptomatic infection and transmission is far lower but not obsolete

The dash cam footage, taken May 7 at 8:18 a.m. belonged to the driver of a southbound vehicle that recently travelled out of the tunnel. (Reddit/Screen grab)
VIDEO: Dash cam captures dramatic rollover crash on Highway 99

Only one person sustained injuries from the collision, says B.C. Ambulance Services

Chevy stranded on a ledge above a rocky canyon at Mimi Falls near Logan Lake, April 28, 2021. (Photo credit: Margot Wikjord)
Police officer and fire chief team up in risky rescue of stranded dog near Logan Lake

Chevy, a rescue dog, needed rescuing again after getting stuck on a ledge above rocky canyon

Police were on the scene of a fatal shooting in Abbotsford. (Black Press Media files)
B.C. government to give more than $8 million for programs to curb gang violence

221 not-for-profit projects led by local governments and school districts among others will receive a one-time grant

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Gord Judson steers his log truck down a forest service road, using two-way radio and call signals to mark his position for oncoming traffic. (B.C. Forest Safety Council)
Planning some B.C. wilderness fishing? Don’t catch a log truck

Remote recreation areas bracing for heavy pandemic pressure

Former University of British Columbia student Stephanie Hale, 22. THE CANADIAN PRESS/Jeff Bassett
Human Rights Tribunal to hear complaint against UBC Okanagan for ‘mishandling’ sexual assault report

Stephanie Hale did not return to campus after the student she alleges attacked her was cleared of wrongdoing

Jennifer Coffman, owner of Truffle Pigs in Field, B.C., poses beside her business sign on Thursday, May 6, 2021, in this handout photo. Her restaurant and lodge have been hit hard by a closure of a section of the Trans-Canada Highway and by the British Columbia government discouraging Alberta residents from visiting during the pandemic. THE CANADIAN PRESS/HO-Jennifer Coffman, *MANDATORY CREDIT*
‘Why we survive’: B.C. boundary towns struggle without Albertans during pandemic

Jennifer Coffman’s restaurant is located in the tiny community of Field, which relies on tourism

Most Read