2014 Annual Report

A n n ua l
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R e p o rt
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Friday, October 3, 2014
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46404642
COnTInued FrOm A1
Kirby Benning, PBC chair,
called renewed negotiations
b r e a k i n g n e w s a t L e a D e r P O s t.C O M
He said there had been and a collaborative proposal
communication “the only solution” to resolvS ec t i o n B
W ed n eS day, M a informal
r c h 19, 2014
between the employers’ and ing the issue.
employees’ group, mostly
He declined to get into
through the media and in- specifics about what the emformation sessions, indi- ployees’ group is looking for
cating that the PBC was in terms of compromises,
interested in having new but said the PBC will not
conversations to solve the waver on maintaining the
plan’s deficit before the Nov. defined benefits plan model.
30 deadline for submissions.
“They’ve called us back to
At the end of November, the the table, so I’m sure they’re
superintendent could dis- going to have a bit of a prosolve the plan, resulting in a posal when we get into the
20 per cent benefit reduction room so we’ll see what they
for retirees.
have to say,” Benning said.
were 80-, 60- and
40-gallon
kettles to
to make
“In
fairness
the group, “Obviously, we’re startgravy and cook vegetables, two tilting
their
submission
has taken ing from our position and
frying pans
and four
steamers. Four
massive walk-in
coolers were
built along of our
on certain
elements
they’re starting from theirs,
with several freezers and a large walk-in
submission and I think that but ... there’s still a little bit
Regina
pantry for dry goods.
demonstrates
a degree
of
of room in the middle that it
And it seems
that daily, Zech and
his
cle. Queensbury was his first job when he team are tested
for a possible
state-offlexibility.
That
mere fact doesn’t have to be one or the
graduated from SIAST Kelsey Campus in emergency that we all hope will never
other.”
1994.
happen. would suggest that we need
Working under chef Brent Didkowski,
“We don’t
at serving
toeven
beblink
flexible
inthoua further
He’s optimistic that talks
his main role was to prep the cold items sands of people,” Zech says. “We are
way. With parties willing could start as soon as the
for the buffet in the Crown Room.
made for it.”
“At that time, there was harness racing
To offer some
perspective,
team table, I
to be
flexibleZech’s
at the
end of next week.
every Wednesday, Friday and Saturday. could be cooking up hundreds of pizzas
think there’s reason to be
“The sooner we get toWe did lots of stuff like terrines, galan- from in-house scratch dough for the Westcautiously
Da- gether, the better,” Benning
tines and seafood displays,” he remem- ern Pizza concessions
at theoptimistic,”
Pats games,
bers.
while serving
a fancy
vies
said.multi-course sitsaid.
“We’re anxious to get
After a few stints at other restaurants, down meal to one thousand patrons in
He said
the and
negotiations
in right away. There’s no
including as sous chef at the Mediterra- the 22,000-square-foot
ballroom
prenean Bistro and executive chef at the Ho- paring various
for otherby
smaller
willbuffets
be guided
the deputy reason to be delaying. We
PHOTOS bY: CJ KATz
tel Saskatchewan, Zech is back.
events in any of the 12 meeting rooms.
superintendent’s
response
want
toexecutive
get back
Michael Zech is the
chef to
at the table
Several years ago, the kitchen underMajor events that Zech’s team cooks
Queensbury
convention
centre.
went a $2.5-million renovation that virtu- for are the Premier’s
Dinner letter
for 2,200, the
to the 2013
of intent
as soon
as possible.”
ally doubled its space with the intention of
Plaza of Honour for 1,800, and the Junos
adavis@leaderpost.com
(LOI) signed by both parties
being able to produce meals and feed thou- for 1,200. Over seven days this summer,
twitter.com/theaustinx
and
protecting
taxpayers.
sands and thousands of Reginans strand- he will serve
breakfast,
lunch and
dinner
evraz Place
Yanks laugh at canada’s nhl failure. c2
sports
w
ebo a scare a pasqua Hosp a
food service is a priority at evraz Place’s Queensbury Convention Centre
t
here are those places in Regina that we often take for
granted. They seem to have
always been there and are part
of the cityscape.
Take for example, Evraz Place. With its
roots dating back to 1899, it was built to
be the permanent home for an annual fall
fair established in 1884 by the Assiniboia
Agricultural Association. This event
over the past century has morphed into
Buffalo Days and now the Queen City
Ex.
Now the sprawling 102-acre site is
Saskatchewan’s largest event and entertainment complex rocking the city with
parties like the Junos and the Grey Cup
festivities and home to the Regina Pats
and the Canadian Western Agribition.
Behind it all is a legion of staff and
in one corner, tucked under the Queensbury Convention Centre, is the food service facility run by executive chef Michael Zech.
Zech has been coordinating and executing the food requirements for the
entire Evraz complex since 2009. And for
Zech it’s like his career has come full cir-
ed if a state of emergency is declared.
Brand new equipment was purchased
including two state-of-the-art Rational
ovens to cook everything from prime rib
to simple boiled eggs. Also purchased
a high-end appetizer
is made with ahi tuna,
pickled cucumbers
and radishes with an
avocado salsa served
at Queensbury
convention centre.
daily to 3,000 athletes competing at the
North American Indigenous Games.
Zech is quick to note that it’s a team effort in getting all the food prepared and
served. His top tier team is sous chef
Mario Melendres and three junior sous
chefs.
“They help organize. The whole kitchen is a team and they know what they
need to do.”
Zech has also purchased new plates,
glassware and cutlery and has designed
some new menus.
“We want to up the ante and show that
we are more than meat, potatoes and
buffets. We’ve also changed the presendaily, the kitchen at Queensbury produces
tation.”
pizza for the Western Pizza concessions.
The new menu includes some healthy
options more in keeping with today’s
Kerry
BenjOe
health conscious eater.
Look for
spinach nished withwere
a crispystill
slice ofwithout
prosciutto. phone
salad with pecans and sun-dried cher- A later course was a sweet potato and loblEadEr-Post
service.
ries, an Oriental napa cabbage salad ster perogy with key-lime cashew cream,
with won ton crisps, and smoked chicken while the main“There
dish was a are
lamb other
loin withparts of
Cobb salad. New entrees include a cher- a mini Yorkshire
pudding, crème fraîche
the equipment
that are necmoula chicken with almond-raisin cous- potatoes. The meal finished with a pistaalmost
week,
essary
hook
up different
cous, shortAfter
ribs with
a roastedacorn
and about
chio dacquoise
with ato
chai
latte butter
bean salad,50
andresidents
olive oil roasted
cream alongservices,”
with a Grand Marnier
and a
insnapper
northwest
said McFarlane.
with sun-dried tomato, olives, artichokes slice of 80 per cent bittersweet chocolate.
Regina are still without
“In some cases they need to
and cauliflower.
Like Evraz Place, which has evolved
And thenphone
there are service
chef ’s tablesand
whereaccordand changed
pastfix,
115 years,
so we say,
goover
inthe
and
shall
small groups of 10 to 12 can dine right in too has the food that’s served. And while
ing to SaskTel, it will take lines to certain customers
the kitchen.
the fancy food from the Queensbury
more
time
to
get
everyone
and
that
sort
of
thing.”
“We’ve done four chef ’s tables so far.”
Downs days is but a memory, Zech
has
The mostback
recent up
one was
courses some new ideas
in store to tickle
your
andseven
running.
According
to SaskTel,
it
with such high-end dishes as crostini fancy and up the ante.
“It’s
not just
one
extra
time to resolve
You cantook
reach CJ
at her website
with beet-cured
steelhead
gravlax
withflick of
www.cjkatz.com
and
follow
her
grapefruitthe
gremolata,
followed
by
a
switch to hook custom- the issue because SaskTel
on Twitter @CJKatz.
grilled avocado with corn salsa and gar-
MusiC
sasktel
Phones still
silent for some
ers up,” said Darcee McFarlane, SaskTel spokeswoman.
It all started late Saturday
when SaskTel’s voice service was disrupted for 236
customers in Rochdale, Maple Ridge and Maple Way.
Wetness in the underground infrastructure was
identified as the root cause
of the problem.
By Sunday, SaskTel had
four vans out in the neighbourhood searching for the
waterlogged cable.
It was finally located
Tuesday afternoon and SaskTel expected all customers to have their service restored by Tuesday night.
However that was not to
be the case. Drying the cable
caused other issues.
On Thursday, some customers in northwest Regina
workers had to manually locate the cable. Before entering a manhole, the structure
also needed to be pumped
out before the cable could be
inspected.
“We did have wet a cable
and it takes time for it to
dry,” said McFarlane. “We
have for the most part fixed
the majority of the customers, but we are still having a
few service issues.”
She said it was a high priority for SaskTel to restore
service to everyone, but
could not provide a timeline
as to when all repairs would
be completed.
“When you have underground cables throughout
the province it’s a great network but sometimes, shall
we say, nature is not our
friend,” said McFarlane.
kbenjoe@leaderpost.com
teen spirit in Bloom to raise its voice
artworks, concerts evoke Cobain
to discuss mental health
Jay Stone
POSTmEDiA NEwS
l
POSTmEDiA NEwS
Kurt cobain performs in
Vancouver in January 1994,
just months before his
death.
iane Balaban remembers the day she heard
Kurt Cobain had died.
“I was in my bedroom doing homework and my older
sister came into my room
and told me,” she says. “Because there was no Internet.
(In today’s world) I would
have known instantly, but I
actually had to be told by another human being.”
Cobain killed himself on
April 5, 1994, and for Balaban, now 33, her generation
had lost its voice.
“Smells like Teen Spirit,
when I first heard it when I
was 11 or 12 years old, was
the first time that art spoke
to me, that seemed to be
made for me,” she recalled
recently. “It was the mix of
glee and rage and humour
and light and also darkness
that I felt really reflected my
own psyche, in a way.”
For Nicola Spunt, 37, the
music of Cobain’s band,
Nirvana, was what she was
hearing as she moved from
adolescence to adulthood.
“Grunge music was the
soundtrack to that kind of
time of transition,” Spunt
says.
Balaban grew up to become an actress (New Waterford Girl, The Grand Seduction), and Spunt got her
PhD in English literature
and started a speaker series in Toronto called After
School.
See coBain, B2
br eaking n e ws at LeaDe r POst.COM
S ec t i o n c
Godsmack
COnTInued FrOm A1
To arrange the backstage
visit, Camille contacted the
Wolf 104.9 — the Regina radio station promoting the
concert — and asked what
they could do to help. From
there, the Brandt Centre got
involved and the visit became a reality.
When Kieran heard that
he was going to meet the
band, he jumped up and
down on the family couch
with excitement, said Camille.
During the 40-kilome-
tre drive to Regina from
McLean, Kieran repeatedly
asked if he was going to be
able to sing a song with the
band. Camille didn’t know.
But in the band’s dressing
room, Kieran quickly got
his answer. Lead singer Sully Erna asked Kieran what
he wanted to sing. Kieran
shouted out the name of one
of his favourite Godsmack
songs — Speak.
“He just rocked it out,”
said Candace.
Candace and her brothers
were able to see the show.
For her, it was the third time
The story Minimum wage hike
reaction mixed that appeared on
Page D1 of Thursday’s newspaper contained an error. Saskatchewan’s minimum wage increased
to $10.20 from $10.
The Leader-Post regrets the error.
COnTInued FrOm A1
STF vice-president Randy
Cline said the executive can
either accept the ethics committee’s recommendation,
or impose another penalty.
The hearing was meant
to give Laurans a chance to
present information to the
executive before members
make a decision. Laurans
did not attend the hearing.
If the executive believes
her certificate should be
revoked, it must make the
recommendation to the education minister, who has the
final say.
T he ethics committee
heard the sexual encounter
happened when
the Regina high
school teacher arranged a meeting
in a mall parking
lot through text
messages.
A student later came forward
In the event of any discrepancy between this list
and the official numbers, the latter shall prevail.
Chewable Tablet
Old Fashion Foods Brand TEA
(1200mg)
“wickedly funny”- Halifax Chronicle Herald
“There’s no debate about it,
“Ther
Steve Patterson is hysterical.
Don’t miss him!” - Rick Mercer
MiCHAEL BELL/Leader-Post
Harlem Globetrotters forward Hacksaw Hall dunks during a performance at the brandt centre in regina Friday.
50%
br eaking n e ws at Le
S ec t i o n D
WPATRiCk
eD n eS
Day,
PETTiT
George reed and ron lancaster are all-time favourites.
Yo u r g u i d e t o t h e b e s t R e g i na
Fa n Fa v O u r i t e s
h a s t o o f f e r i n r e s t a ur a n t s ,
John chick
4
VOTES
c a f e s , b a r67
s , c l eddie
u b s alowe
nd more.
4
George reed
3
ron lancaster
66 rhett dawson
3
Xavier Fulton
36 dan Farthing
3
Weston dressler
35 neal Hughes
3
darian durant
33 Gene Makowsky
3
ray elgaard
25 bobby Marlow
3
bobby Jurasin
17 Mike Mccullough
3
Kent austin
9 Geroy Simon
don narcisse
9 NOTE: 44 other players
roger aldag
9 received at least one vote.
Joey Walters
6 a complete list of the votes
chris Getzlaf
4 appears on the leaderKory Sheets
4 post’s rider rumblings blog.
Farm Progress Show set to roll
Varieties
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REG31987179_1_1
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Ten keynote
speakers
to give talks
REG20100788_1_3
florida Georgia line: the country rednecks who ‘love a good time’
Jeff DeDekker
Leader-Post
N
o matter how the genre
is labelled — call it bro
country, country rock or
new country — Florida
Georgia Line is leading
the charge for the latest reincarnation of country music.
The duo, comprised of Tyler
Hubbard and Brian Kelley, completed its Canadian tour Saturday
night with a stop at Regina’s Brandt
Centre and a show that didn’t disappoint the sold-out crowd.
FLoriDa
georgia Line
(with Dallas Smith and chris lane)
april 19
Brandt centre
This wasn’t the old school country of George Jones, Johnny Cash
and George Strait, but most everyone in attendance Saturday night
already knew that.
While Jones, Cash and Strait
would sing about true love, heartache or battling the adversities of
life, the themes that dominate Flor-
ida Georgia Line’s music are having fun, partying and well, partying
some more. Delivered with a heavy
dose of rock with sprinkles of pop
and hip hop, the music has touched
a chord with music fans throughout North America and with those
who parted with their hard-earned
dollars to buy a ticket to Saturday’s
show.
While fans of traditional country music might not care for FGL’s
brand of country, Hubbard and
Kelley are caught up in a current
of change in the genre — Jason Aldean and Luke Bryan are also practitioners of the mishmash genre,
with the likes of Tim McGraw and
Keith Urban to a lesser extent.
Hubbard succinctly summed up
what music is all about for FGL.
“Me and BK and the rest of the
guys up on stage, we’re just a bunch
of rednecks who love to have a
good time ... It’s our responsibility,
it’s your responsibility to live every
night to the fullest,” said Hubbard.
Some country fans may not like
the music or agree with the message, but FGL has fashioned a large
and dedicated fan base by sticking
to its formula.
See floriDa, B2
set List
1. it’z Just What We Do
2. party people
3. tip it Back
4. round Here
5. Here’s to the Good times
6. Headphones
7. this is How We roll
8. Stay
9. Grenade
10. people Back Home
11. Dayum, Baby
12. Get your Shine on encore
13. tell Me How you like it
14. i’m in a Hurry
(and Don’t know Why)
15. cruise
new stadium. “It’s the first
time we’re using the Brandt
Centre,” Carpentier said,
adding that tuneful live music and restoring refreshments will delight visitors
inside the building.
CFPS also changed its
par tnership with Far m
Credit Canada (FCC) this
year, allowing FCC to present 10 keynote speakers.
In particular, Carpentier said he hopes visitors
Jeff DeDekker
Leader-Post
I
siXty/Forty
7:30 p.m., april 24 & 25
1:30 p.m. & 7:30 p.m., april 26
new Dance Horizons studio
W N A TR P FOR
4
members of YBCS taking part in
the production.
TO NEW YORK
a theatre space and will be performed by dancers from Corps
Bara.
Moker Wernikowski admitted
the works are a reflection of her
life and the wisdom she’s gained.
“I think I really see the beauty
in life and the beauty in people and
that really affects my choreography and the type of dances I make,”
explained Moker Wernikowski.
“I know about hard times, I know
about suffering and that influences
my work as well — but I always
have a positive outlook.
“I always come back to thinking
about the great beauty in life and
in each other.”
Tickets for the presentation are
$20 for adults and $15 for students
(with valid ID) and seniors (65 and
over). Tickets for the matinee on
April 26 are $15.
Tickets can be purchased by
telephone (306-525-5393) and online
(http://www.eventbrite.ca/o/newdance-horizons-2142059183). For
further information call 306-5255393 or email events@newdancehorizons.ca
jdedekker@leaderpost.com
twitter.com/thePloughboy
arts&life
The event will première Lullaby ... Come Healing, a program
that combines modern dance with
music from Leonard Cohen. It
will feature dancer Katrina Currie, a graduate of the National
Ballet School of Canada, who apprenticed with the National Ballet
Company. She is also Moker Wernikowski’s daughter.
Noah WerNikoWski
Daily Bread, the third and final
katrina currie will dance in lullaby . . . come Healing, one of three
piece of the program, was created
performances in Sixty/forty, a co-production from new Dance
for Corps Bara Dance Theatre of
Horizons and currie’s mom, connie Moker Wernikowski.
Calgary in 2012.
br eaking n e ws at LeaDe r P
O s t.C O M
Investigating the veil between
feel that it’s been a very long and to celebrate the 10th anniversary the spiritual and every day world,
a very wonderful journey through
Company
S ec t i oof
n the
B Youth
t h uBallet
rS day,
J u n e of
26, Daily
2014Bread was initially a site
my dance career and I really want Saskatchewan’s pre-professional specific work that was performed
to celebrate that.”
company, a group Wernikowski in an old house with each dance
Moker Wernikowski created founded.
presented in a different room with
each of the three programs over
The piece was most recently per- the audience moving from room to
the past three years. Secret Soci- formed at the 2013 Aberdeen Inter- room.
ety was created in 2011 as a work national Youth Festival Gala with
The piece has been adapted for
AlwAys evolvinG
rascal flatts refuses to settle for anything less than amazing
Jeff dedekker
Leader-Post
don heaLy/Leader-Post
check out presenters Greg
Johnson, tornado hunter;
Jim Hopson, Saskatchewan
Roughriders president and
CEO; and David Chilton, author of The Wealthy Barber.
“It’s a stronger partnership than ever before,” Car-
pentier said, referring to
FCC’s new contributions.
The province, too, has
committed to CFPS through
Agriculture Minister Lyle
Stewart’s announcement
Tuesday of new five-year
funding totalling $125,000.
A modern lifestyle showcase and a parade of antique
tractors await visitors, who
will get the “opportunity to
see history,” Carpentier said.
Carpentier added that
there’s so much for urban
dwellers and rural folk to
Bruce JohnStone
Leader-Post
Unemployment-to-job-vacancy
rate rises as job openings fall
Saskatchewan, which has
led the provinces with average economic growth of 4.0
LeaDer-PoSt
per cent since 2010, is expectneighbouring Manitoba from 6.3 in March 2013, the
ed to see real gross domesand Alberta,” Weir said result of fewer job vacantic product (GDP) advance
in a commentary Tuesday. cies.
Saskatchewan’s unem- “Over the same period,
by just 0.8 per cent in 2014
T he highest ratio in
ployment-to-job-vacancies Saskatchewan’s ratio of
— the lowest GDP growth
March was in Prince Edratio — the number of
among the provinces — says
unemployed workers to ward Island, at 21.6 unemunemployed persons for available jobs jumped from ployed people for every
the Conference Board of
every job opening — rose 1.9 to 3.5, which is now job vacancy, up from 10.3 a
Canada’s latest forecast.
to 3.5 in March from 1.9 in higher than Manitoba or year earlier. In Newfound“The province, which has
March 2013, as the number Alberta.”
been a growth leader in reland and Labrador, the
of job vacancies fell and
cent years, is dealing with
Weir conceded that Sas- ratio fell from 21.4 unembofr unemployed
e a k i n g nkatchewan’s
e w s a t unemployL e a D e r Pployed
O s tpeople
.CO M
the number
weak potash prices and the
for every job
increased, Statistics Cana- ment rate is one of the vacancy in March 2013 to
after-effects of the abunda said in a report released
dant crop of 2013, and its
notdthe
in March 2014.
S ec t i o n lowest,
B
F r iifday,
ec elowest,
m B er 1 2,12.8
2014
Tuesday.
economy will make barely
in the country, but the
The unemploymentU n i t e d S t e e lwo rke r s number of job openings t o - j o b - v a c a n c i e s r a t i o
any gains this year,’’ said
economist Erin Weir said is also decreasing. “While also increased in Quebec
the Conference Board’s
the rising unemployment- our official unemployment where there were 10.1 unprovincial outlook released
t o - j o b - va c a n c i e s r at i o rate is low, the number of
Tuesday.
employed people for every
shows “a significant deteri- job opportunities is even job vacancy, up from 7.5 in
Fortunately, Saskatchoration in Saskatchewan’s lower.”
ewan will continue to add
March 2013, as there were
job market over the past
jobs, and its unemployment
Nationally, businesses fewer job vacancies in the
year.”
rate will continue to be the
reported 206,000 job va- province.
“Our province’s job va- cancies in March, down
lowest of any province.
In the remaining provcancy rate fell from 2.7 17,000 compared with 12 inces, the unemploymentAnd next year the province
per cent in March 2013 to months earlier. For every to-job vacancy ratios were
should see stronger growth
1.6 per cent in March 2014 job vacancy, there were little changed compared
return, albeit moving from
and is now lower than in 6.8 unemployed people, up with March 2013.
last place in 2014 to eighthplace overall, ahead of Newfoundland Labrador and
Quebec, in 2015.
for the province from 2.0 per year, agriculture will fall
The grain backlog, caused
“ N e x t ye a r p ro m i s e s cent in March to 1.4 per cent back to levels more in line by the record 76-million
stronger growth for the in June, the Ottawa-based with historical averages. tonne western grain and
province. A rebound in economic forecasting agen- This year, the province’s oilseeds crop and extreme
potash mining, combined cy said the projected sharp farmers have been facing the weather conditions, cost
with strong growth in other decline in agricultural pro- challenge of having to plant Prairie far mers between
goods-producing
industries, duction from last year’s re- new crops, while not being $7.2 billion and $8.3 billion,
JeFF dedekker
r acrop
L i Oisnlargely respon- able to move last year’s har- according to the federal govwill lift
overall real GDP D
cord
Leader-Post
du soleil
growth to 2.3 per cent.” cirque sible
for the steep drop in vest due to transportation ernment.
Wednesday
Like RBC, which lowered
economic output this year.
troubles,’’ the Conference
“Potash mining will ret was quite obvious Brandt centre
its 2014
GDP growth forecast
“After a bumper crop last Board added.
main under pressure —
Wednesday night at
5
east
meets
West
emblematic creatures — the
lion, symbolizing the west,
and the dragon, symbolizing
the east.
The production features
the four elements of the
world — fire, air, earth and
water — which are represented in all phases of the
show.
As with most Cirque du
soleil shows, at times there
is so much going on that
it’s almost sensory overload
for the audience. A perfect
example is the trampoline
act that had five performers
it wouldn’t be a cirque du soleil show without clowns.
the number of weeks Bless the
Broken road spent at no. 1, the
longest of any rascal flatts single
to stay at no. 1.
7
the number of platinum albums,
for sales in excess of one million
copies. (rascal flatts, 2X platinum;
Melt, 3X platinum; feels Like today,
5X platinum; M
PreView
MacKinnon didn’t skip a beat,
put forward,” said Carriere.
“We’ve been pushing a cart
uphill for years,” said Carriere.
“Playing music is our trade. After
Ten Second Epic came to an end,
it seemed only natural to get back
into the saddle and keep making
music.”
Not all of his former band members felt the same. Vocalist Andrew
Usenik is now a land developer
while drummer Pat Birtles owns
a pizza franchise and has been
nicknamed “Lord of Panago”
in between shows at NXNE, a large
festival in Toronto.
He said while it’s been bittersweet to say goodbye to Ten Second Epic, Royal Tusk is a whole
new set of guys.
“It’s like one time being with a
blond, but now you’re with a brunette,” said Carriere.
Some of these songs on Mountain are really old, said Carriere.
“I feel there’s a certain amount
of climbing and learning what
you really want to do,” he said.
“There’s also a certain amount of
catharsis, as if you’re closing a
chapter by writing these songs.”
Royal Tusk’s promotional video
for Mountain features the band’s
prices are still low and production has been cut as a
result,’’ the report said. Potash prices plummeted below
$300 US per tonne last year
when the Russian-Belarusian potash cartel collapsed.
While Canadian and Russian producers signed potash contracts with both China and India, setting a floor
price for the pink mineral,
potash markets continue to
struggle, the report said.
On a more positive note,
uranium mining is expected to post strong gains this
year, as production began in
March at Cameco’s long-delayed Cigar Lake uranium
mine. Manufacturing and
construction will also post
decent gains. However, these
gains C
will
h enot
e r be
f uenough
nD
to offset declines in potash
mining and agriculture,
with the goods-producing
sector posting a decline of
1.8 per cent in 2014.
Saskatchewan’s service
sector will post healthy
growth this year, which will
help offset the retreat in the
goods-producing industries.
The province will add 6,500
new jobs, and its unemployment rate — at 4.3 per cent
— will continue to be the
lowest of any province.
The service sector will
irene decent
SeiBerling
also register
gains in
Leader-Post
2015. Saskatchewan
will add
8,700 new jobs next year and
again
be able
toNicky’s
boast is
the
Coffee
Day at
a
lowest
unemployment
rate
Cheer-ful
event.
year, Santa at
Nick
amongEvery
the provinces
4.4
(a.k.a. Nick Makris of Nicky’s
per cent.
Cafe & Bake Shop at the corbjohnstone@leaderpost.com
ner of
arts&life
t h e B r a n d t C e n t re
why Dralion has been
delighting audiences
worldwide for the past 15
years.
The Cirque du soleil production, which opened a
five-day, seven-show stint
Wednesday, was remarkable,
colourful and most definitely entertaining.
Created in 1999 as a bigtop act, Dralion combines
the 3,000-year-old tradition
of Chinese acrobatic arts
with the multidisciplinary
approach of Cirque du soleil. The name, pronounced
Dra-lee-on, combines two
when the three of us vocally put
our stuff on there. We really lock
in and that’s what Flatterizes it.”
Since forming in 1999, Rascal
Flatts has fashioned a remarkably
successful career. Eight of its nine
studio albums have reached No. 1
on the charts (the self-titled debut
album peaked at No. 3), 28 of its
singles have reached the Top 10
and its tours have been some of
the most successful in the music
business.
Yet the band isn’t content to rest
on its laurels when touring out on
the road.
“You’re always trying to bring
something different,” said LeVox.
“First of all, we’re country music
fans, just music fans period.”
see and do that they’ll need a
brochure to find everything.
“The best thing for folks
to do is come and grab a
program, just in case (they)
don’t know the name of the
building,” he said.
jsimes@leaderpost.com
Ridley Scott takeS a RiSk with exoduS. B3
Creation of royal tusk was an epic decision
The members of Royal Tusk see
themselves as an unstoppable
rock ‘n’ roll mammoth, a shaggy,
tenacious force with hints of
Americana, soul and a whole lot of
heart.
The band is led by singer/guitarist Daniel Carriere and bassist
Sandy MacKinnon, formerly of
Ten Second Epic, which before it
broke up was one of Edmonton’s
most beloved rock bands.
After 12 years, three albums, two
Juno nominations and regular air
play on MuchMusic, Ten Second
See vanStone, c2
rene carpentier, chairman of canada’s Farm Progress Show, at evraz Place. this year is the 37th edition of the farm
equipment and technology show, which is expected to draw 45,000 visitors and 800 delegates from 57 countries.
Sask. economic growth to drop
i
keLLy-anne rieSS
For the Leader-Post
2 / headl nes of 2014
Saskatchewan’s left offensive tackle.
“He’s not only a great
football player, but an outstanding man in everyday
life,’’ Nicole Alridge wrote
of Fulton.
Fulton was followed by
two other members of the
2013 Grey Cup champions
— slotback Weston Dressler
(35 votes) and quarterback
Darian Durant (33).
The next five finishers
helped Saskatchewan win
the 1989 Grey Cup. Slotback
Ray Elgaard was sixth with
25 votes, followed by defensive lineman Bobby Jurasin
(17), quarterback Kent Austin (9), wide receiver Don
Narcisse (9) and guard Roger Aldag (9).
Sixty-eight players received at least one vote in
the poll.
rvanstone@leaderpost.com
Cirque’s Dralion remarkable,
colourful and entertaining
G
iven everything Rascal
Flatts has achieved over
the past 15 years, it was a
little bewildering to hear
the power trio had gone in
a different direction with Rewind,
its latest album.
Released on May 13, Rewind
reached No. 1 on the country album chart by selling 100,000 copies
in the United States by early June.
While the vocals on the album are
distinctly Rascal Flatts, many of
the tracks are evidence of a revamped style for the band.
Gary LeVox admitted that he
and bandmates Jay DeMarcus and
Joe Don Rooney made a conscious
decision to record songs for Rewind that didn’t sound like stereotypical Rascal Flatts songs.
“It’s funny, because once you
start having success with songs
like Broken Road, My Wish, Life’s
A Highway, Me And My Gang,
songs that have been big hits
through the years, everyone who
pitches songs when you’re going
in to record a record, they start
target-writing for them,” LeVox
said in a recent telephone interview before a show in Holmdel,
N.J. “Here’s the next Broken Road,
here’s the next My Wish, here’s the
next Me And My Gang. So when
we reached out to the publicist,
we said, ‘songs that you think we
would cut, don’t pitch us any of
those. Get us songs that you think
we wouldn’t cut.’
“That was the approach.”
Having said that, Rascal Flatts
wasn’t prepared to settle for songs
that were just different. To make
the album, the material had to be
top notch with the band then putting its spin on the songs.
“Musically we do what we do.
We always try to find not the great
songs but the amazing songs that
talk about life in a different way,”
explained LeVox. “With the three
of us on something vocally, that
makes it Rascal Flatts period, bar
none. It was a little different deal
but musically and sonically, once
we start tweaking and playing,
overdubbing and putting instruments on things, that’s one part of
the chapter.
“The closing of the book is
down passes (333).
“When it came to winning, he knew how to do
it,’’ Gerry Tomkins noted.
“From 1963 to 1976, we were
in 12 Western finals and two
semifinals. We always used
those playoff stubs that
came with our season tickets!’’
Harvey Kehler summed
up the contributions of the
iconic Roughriders who occupied the top two spots in
our poll.
“Picking between Ronnie
and George is almost impossible,’’ he said. “That’s like
asking me who my favourite
child is. I love them both.’’
A cur rent member of
the Roughriders — Xavier
Fulton — was third in the
vote count, with 36. A fan of
Fulton’s circulated the link
to the Leader-Post poll, leading to a flood of votes for
C O n f e r e n C e b O a r D O f Ca n a Da
choreography
Wisdom inspires Saskatchewan dance veteran
t would be an understatement
to say that SIXTY/FORTY is
personal to choreographer Connie Moker Wernikowski.
A co-presentation of Moker
Wernikowski and New Dance Horizons, SIXTY/FORTY marks two
milestones in the choreographer’s
life — her 60th birthday and 40
years of professional dance work
in Saskatchewan.
By looking at the themes of the
three programs in the production — including the uniqueness
and preciousness of life and the
need for healing for people and the
earth — it would be safe to assume
that Moker Wernikowski is in a
good place in her life.
“I think I am, yes, I think I am,”
she said in a recent interview. “At
first I was sort of shy about telling
people that I was turning 60 ... The
title just seemed to be so right because it is my birthday. I thought,
‘Oh heck, I don’t care if people
know how old I am.’ I’m just going to put it out because I really do
Th s repor covers our
year end ng December 31 2014 Fo ow ng he record sa es
vo ume of $35M n 2013 we recorded $30M n sa es n 2014
The s gn fican dec nes were n our ma or even s bus ness
– fo ow ng he prev ous year s hos ng of he 101s Grey
Cup Fes va and he na ona y e ev sed JUNO Awards and
assoc a ed ac v y 2014 was a year where we had o dea w h
a s gn fican down urn n bus ness fo ow ng years of s eady
grow h Tha sa d we fin shed up our year w h sa es ha
ma ched 2012 eve s and our forecas for 2015 shows modes
grow h n sa es over 2014 eve s
BUSINESS
rob vanStone
LEADER-POST
VACUUM SERVICE
OFF Select
REG PRICE
Even during the off-season,
Darian Durant’s signals are
heard loud and clear.
Durant has once again
transmitted the emphatic
message that team objectives
are paramount — a deft balancing act, when you consider the individual rewards.
The Saskatchewan
Roughriders’ starting quarterback stands to ear n
slightly more than $400,000
during the 2014 CFL season
after signing a contract extension that was announced
Wednesday.
The new deal makes Durant the highest-paid player
in Roughriders history.
Yet, a case can be made
that Durant is underpaid.
And he seems to prefer it
that way.
Durant made it clear at
Wednesday’s media conference that he was not
determined to extract every possible cent from the
Roughriders’ brass.
Had Durant been more
consumed by personal enrichment, he likely could
have signed for at least 10
per cent more per year.
Consider the leverage he
possessed at the outset of
negotiations.
In November, Durant became only the fourth Grey
Cup-winning quarterback
in Roughriders history, emulating Ron Lancaster (1966),
Kent Austin (1989) and Kerry Joseph (2007).
in
a DDurant
e r Pwas
O satthis
. Cbest
OM
the 2013 playoffs, posting a
stratospheric quarterback
Jrating
u n e 18,
2014
in each
of Saskatchewan’s three post-season
games.
Fo r s t a r t e r s, D u r a n t
our of
website at
emerged with Visit
a rating
148.8 after willing the Green
TASTEREGINA.COM
and White to a 29-25 victory
to B.C.
signLions
up for c ontests,
over the visiting
in the Westmonthly
Divisionnewsletters
semifiand m ore!
nal. Keep in mind, too, that
the quarterback rating — impressive as it was — was not
influenced by the 97 yards he
gained on six carries.
Durant proceeded to post
a rating of 141.0 as Saskatchewan defeated the host
Calgary Stampeders 35-13 in
the West final.
He then checked in at 145.3
during the Roughriders’
45-23 Grey Cup victory over
the Hamilton Tiger-Cats on
Taylor Field.
That was the Roughriders’
third Grey Cup appearance
in five seasons with Durant
as the unrivalled starting
quarterback.
The Roughriders advanced
to the big game in 2009 and
2010 by defeating the Henry
Burris-quarterbacked Stampeders in the West final. On
Nov. 24, Durant and his cohorts convincingly downed
Burris and the Tiger-Cats.
That was Smilin’ Hank’s
swan song as the Tiger-Cats’
No. 1 signal-caller. He subsequently signed with the expansion Ottawa Redblacks
for three years, apparently at
a price tag of about $440,000
for 2014.
Reed’s enormous WestJet
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S ec t i o n B
M o n Day, a p r i l 21, 2014 by the results of a LeaderPost poll which asked supporters of the Green and
White to select their favourite player of all time.
Reed’s name appeared
on 67 of the 408 ballots that
were received, with Ron
Lancaster next in line at 66.
Fans were asked to vote for
one player.
The race was such that
one husband-wife tandem
Regina
revealed evidence of a divided household — at least
with respect to Lancaster
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Ronnie Lancaster as quarterback,” the aforemen- for our province.’’ — Alvin ample, noted how quickly
tioned voter’s wife coun- Dueck.
Lancaster responded when
tered.
“When he was given the the Roughriders held a teleAs one would expect, the ball, he seemed unstoppa- thon in 1997. At the time,
accolades rolled in for both ble. There were many times Lancaster was the Edmonplayers. Here is a sampling when several tacklers were ton Eskimos’
Jeremy head
SimeScoach.
Leader-Post
of laudatory comments that trying to stop George but Yet, Rosenfeld
remembered,
pertained to Reed, who is they could not. He just kept Lancaster “was one of the
still very active in the com- going, even with several first to come and help.’’
Canada’s Far m Progress
munity:
hanging on. And he often
Lancaster helped the
Show (CFPS) looks slightly
“Greatest running back played better when he was Roughriders to a steady
more American this year.
of all time. One-hundred- not 100 per cent.’’ — Dave stream
of victories
afteragarAt Canada’s
largest
per-cent class all the way.’’ Wilton.
riving
in Saskatchewan
in
ricultural
trade show, 69
— Ernie Meid.
“He realizes the game 1963
— the
same
year that
of the
110 new
exhibits
are
“He always played his of football has been very Reed
the States.
Green and
fromjoined
the United
Rene Carpentier, chairhardest and with his heart good to him and, despite White.
man
CFPS,
said
targeted
in it. I also only have memo- his many accomplishments,
Reedofwas
the
Roughridmarketing
conries of No. 34 saying only he remains a humble man. ers’
fullbackstrategies
from 1963
to
tributed to the increase in
positive things about oth- George is back where he 1975,
retiring with 16,116
American exhibitors.
ers. To this day, he is full of
belongs and we are glad to rushing yards and a total of
This year, CFPS hopes to
class.’’ — Jim Craik.
have him. He is the closest 137
touchdowns.
attract
more than 45,000 vis“I will always be in awe of
thing to royalty our provLancaster
played until
itors,
and 800 delegates
from
this great player and hum- ince has.’’ — Randy Clark.
1978,
ending his
illustrious
57 countries
are expected
to
florida Georgia line are leading the wave of ‘new country’ acts reinventing the genre’s traditional brand with a large dollop of rock and subtle sprinkles of pop and hip hop.
ble human being. He continReaders’ comments about career
with a scroll of CFL
attend.
The show’s
footprint
has
ues to be an inspiration to Lancaster were comparably passing
records,
including
also changed standards
to accommoall who know him or know effusive.
since-eclipsed
for
date the(50,535)
construction
of the
the good deeds he has done
Con Rosenfeld, for ex- yardage
and touch-
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Although the STF executive made a decision Thursday, the organization won’t
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Regina University Theatre
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with the allegation.
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spokesman said Laurans
is a former employee. He
wouldn’t say how or when
her employment ended, or
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Durant
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team
first
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his ear.
“Among all the bands that
he’s listened to, for some
reason he just picked them
and that was it,” said Camille. Besides Speak, Kieran
also likes Godsmack’s songs
Whatever and Voodoo.
At one point, the family
tried to get him to change
his favourite band — introducing him to Megadeth
and Pantera. But Kieran remained loyal to Godsmack.
“We knew we had a heavy
metal kid,” said Candace.
tmceachern
@leaderpost.com
Steve Patterson
LEON bALAbAN
6 CONVENIENT LOCATIONS TO
SERVE YOU (Regina & Weyburn)
she’s seen Godsmack in Regina since the band formed
in 1995.
She was impressed with
how nice the band members
were to her son, even noting
that their generosity shows
that metal bands have “a
soft side.”
That generosity left Kieran with a new, black Godsmack jacket, an autographed
drum top, drum sticks and a
guitar pick.
Of the different bands Kieran heard growing up in
the family home and driving
in the car, Godsmack caught
slam dunkin’ in regina
C O M M e n ta r Y
three c es o ose
door- o-door ma
Teaching
Liane Balaban, left, Kathleen Munroe and nicola Spunt created in Bloom.
Correction
S at u r day, a p r i l 19, 2014
Evraz PlacE
Kieran Howden poses with the band Godsmack on monday at the Brandt Centre. Left to right: Tony rombola, Sully erna,
Kieran, Shannon Larkin and robbie merrill.
Performers this muscular should not also have the flexibility
to bend seemingly in any direction, writes Jeff dedekker.
Photos: doN heaLY/Leader-Post
Jonathan morin on the crossed wheel Wednesday during cirque du soleil’s dralion.
spinning, leaping, twisting
and jumping from a wall 50
feet wide by 26 feet tall.
The performers propelled
themselves off the wall to
the trampolines below, often climbing up the wall on
the bounce back. When all
five became involved at the
same time and began to also
bounce across the two trampolines, it was also too much
to comprehend.
The trampoline act wasn’t
the only remarkable performance in the first act
— Vladimir Pestov (juggling), Jonathan Morin (the
crossed wheel) and the Dralion performers kept up to
the earlier standard.
Pestov combined music,
hip-hop dancing and lightning hands into an impressive display, completing his
performance by flawlessly
juggling seven balls.
The Dralions opened with
two performers balancing
and moving on two large
balls, throwing in some acrobatic moves just to make
it interesting. And the traditional lion dancers — with
two performers in each costume — raised the bar with
some ridiculous balancing.
One of the lions moved the
ball forward with one performer on the shoulders of
the other while another lion
propelled itself across the
stage with both performers
feverishly working to maintain their balance.
While the second act had
its highlights, it also had a
few miscues.
Let’s first deal with the
highlights: Marie-Eve Bisson (aerial hoop), along with
Tarek Rammo and Kami
Lynne Bruin (aerial pas
de deux), displayed an extraordinary combination of
strength and flexibility. Per-
dralion continues its run at the Brandt centre until Sunday.
formers who are this muscular should not also have
the flexibility to bend seemingly in any direction.
The Diabolos, Hoop Diving and Skipping routines
all contained minor errors.
While three obvious mistakes in a 100-minute show
doesn’t seem like a lot, it is
for a Cirque du soleil production where perfection is
expected with each and every performance.
The music and the singing were amazing. It’s hard
to believe that six band
members can generate the
amount of music they did.
The singers — Agnes Sohier
and Cristan Zabala — have
phenomenal voices. The only quibble with the singing
is that it’s impossible to understand what is being sung.
In fact, I’m not even sure
what language was being
used — it could’ve been Italian or Spanish or French or
a combination of all three.
And of course it wouldn’t
be a Cirque du soleil show
without clowns and Facundo Gimenez, Hayden Spencer and Borys Borysenko
had the audience in stitches
throughout the night with
their amusing antics.
After its shows Wednesday and Thursday night,
Dralion continues its run
at the Brandt Centre with
a 7:30 p.m. show tonight,
followed by two shows Saturday (4 and 7:30 p.m.) and
two shows Sunday (1:30 and
5 p.m.)
Ticket prices for Dralion are: Adults, $45 to $150;
children 12 and under, $36
to $131; and military, seniors and students, $40.50 to
$85.50.
Tickets are available at
the Brandt Centre box office, online (www.ticketmaster.ca) and by telephone (306781-9300 and 1-855-985-5000).
jdedekker@leaderpost.com
twitter.com/thePloughboy
Nicky’s
supports
Cheer
fund one
cuppa
at a time
8th Avenue and
W i n nipeg
S t re e t )
a n d
his coowners,
Perry
Makris
and Kevin Foley,
donate
p r o ceeds
from coffee poured on a Saturday morning in December
to the Leader-Post Christmas
Cheer Fund. It’s tradition and
this Saturday is the big day —
from 5:30 a.m. to noon.
It doesn’t matter who’s
pouring the coffee — whether
it’s Nicky’s staff, volunteers or
regular customers who decide
to offer a helping hand after
having breakfast — the Christmas Cheer Fund benefits.
In the true spirit of the season, sporting his much-loved
Santa hat, Makris generously “guesstimates” how much
coffee has been consumed,
then makes the cafe’s annual
donation.
“It’s all about becoming a
part of the community,” explained Foley. “Nicky saw his
success by also giving back to
the community that he made
his living in. He’s always instilled in Perry and I that to
have success as a small business in the city that you need
to be visibly present by making sure that you give back to
local charities that support local things in the community.”
“We really value the
cause,” Foley said. “It’s such
a good thing for the community … with all of the money
going directly to those who
need it.
“I think that’s what’s
caused Nicky to be so passionate about it.”
See cheer, B2
troY FLeeCe /Leader-Post
nick makris, left, and kevin
Foley pour coffee at nicky’s
cafe in regina on thursday.
President and cEo’s Message
Evraz P ace s one of
he bus es proper es n
he Prov nce – hos ng
an es ma ed over 2
m on v s ors annua y
Our even s spor and
en er a nmen
bus ness
a ong w h our Queensbury
Conven on Cen re and
food serv ces crea e an
exc ng even s comp ex
r gh n he hear of he C y
– m nu es from down own
ho e s and our n erna ona
a rpor
stad um construct on
RediscoveR
cJ KatZ
FOR THE LEADER-POST
Sask
rev ses
repor ng
po cy
BUSINESS
GENERAL INQUIRIES
Bruce Johnstone, 306-781-5304 (8:30 a.m. - 4:30 p.m.)
bjohnstone@leaderpost.com
306-781-5211
REPORT
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REG46406319_1_3
s a s k at O O n
City loses
ground
in ranking
of business
tax levels
Scott LarSon
the starPhoenix
SASKATOON — Saskatoon
has slipped from first to
sixth when it comes to business tax competitiveness in
Canada, according to a KPMG report.
KPMG’s Competitive Alternatives 2014: Focus on
Tax report compares business tax competitiveness in
locations across Canada and
around the world.
Saskatoon was ranked
sixth out of 15 locations in
Canada, a far cry from the
No. 1 ranking it enjoyed in
KPMG’s 2012 report.
Tom Zurowski, partner
with KPMG in Saskatoon,
said the top eight cities
are very close and a slight
change in one location or
another has a big impact on
rankings.
“(The cities) are crossing
the finish line pretty close
together,” Zurowski said.
Edmonton finished first
followed by Moncton, N.B.,
Fredericton, St John’s, Nfld.,
Halifax and Saskatoon.
Saskatoon slipped in part
because of Saskatchewan’s
R&D tax credit changing
from refundable for all companies to non-refundable in
most situations, the report
said.
“At the same time, some
of the other provinces have
changed some of their tax
incentives,” Zurowski said.
“In Alberta they have no
sales tax, and in the Maritimes they have an HST
which is a refundable tax to
business,” he said. “Those
are the two biggest things
between (Saskatchewan)
and them.”
Greater Saskatoon Chamber of Commerce executive director Kent SmithWindsor says the city’s tax
competitiveness is slipping
against other provinces.
The chamber would like
to see the Canada West
Foundations 2010 report,
A Tax Framework for Saskatchewan’s Continuing
Prosperity, be implemented
by the various levels of government.
The Canada West report’s
recommendations include
reforms to education and
municipal taxes, capping
the differentials in the effective rate of tax for nonresidential properties at no
more than 1.43 of residential properties and either
harmonizing the PST with
the GST or lowering the
corporate tax rate from its
current 12 per cent to nine
per cent over a period of
time.
Ken Krawetz, Saskatchewan’s minister of finance,
said the decision to change
the R&D tax credit from refundable for all companies
to non-refundable was “all
around cost.”
Krawetz said the government is “still pretty pleased
with the overall report.”
“It’s a Top 10 finish for the
only city in Saskatchewan
to be ranked,” he said.
In 2014 we focused on a proac ve ser es of cos con a nmen
and abour expense n a ves o exceed our budge ed profi
arge These were en erpr se w de effor s and our managemen
eam rose o he cha enges of re n ng n cos s wh e s mee ng
he needs of our gues s and cus omers I am p eased o repor
ha hese n a ves were successfu Th s s demons ra ed n
our year-end profi of $1M
The na ure of our even bus ness s ha near y 50% of our
opera ng cos s are for abour Our book of bus ness var es
from hour o hour day o day and week o week We ook he
me n 2014 o rea y d a n and refine our approach o manag ng
our abour cos s – ook ng a every h ng from he bu d ng of
schedu es over me s ck days and deve oped comprehens ve
new abour repor s o he p us rack our progress
In 2014 w h he C y s suppor we forged ahead w h hree
key par ners on a range of ssues – he Reg na Reg ona
Oppor un es Corpora on RROC Canad an Wes ern
Agr b on CWA and he Reg na Ho e s Assoc a on RHA
W h Agr b on and he suppor of Reg na C y Counc
we began our work on Phase 2 of our Mas er Infras ruc ure
P an wh ch w change and ransform he face of he wes
s de of he proper y be ween he Canada Cen re and he AgEx
Pav on Our proposed new In erna ona Trade Cen re w
be a r bu e o he wo ma or n erna ona agr cu ura even s a
Evraz P ace – Canad an Wes ern Agr b on and Canada s Farm
Progress Show I s our n en o assemb e he fund ng for h s
2nd Phase n 2015 Thanks o he C y of Reg na he RHA and
CWA for he r fund ng suppor
W h RROC we have worked o he p o ead a broad based
s ra eg c approach o b dd ng and hos ng ma or even s Evraz
P ace s a key par ner n he Even s S ra egy A ance a ong
w h he Reg na Ho e s Assoc a on Un vers y of Reg na
Wascana Cen re Au hor y C y of Reg na Tour sm Reg na
and Tour sm Saska chewan The manda e of h s a ance s To
prov d ra g ong rm gu dan and ov r gh n h d n fi a on o
ma or y w d and r g ona v n pro p
ha ar an d a fi w h n our
ommun y a
and ho
Mos no ceab e on he proper y s he new Mosa c S ad um
wh ch s beg nn ng o ake shape on he sou heas corner of
he proper y I w be he new home of he Saska chewan
Roughr der Foo ba C ub n 2017 For Evraz P ace represen s
a fur her re uvena on of he s e a new food and beverage
en erpr se and fur hers our s ewardsh p and programm ng
respons b es for a he fac es a Evraz P ace
I wan o ake a momen o hank he Board of D rec ors of
The Reg na Exh b on Assoc a on L m ed REAL The r
work and eadersh p has he ped o crea e he cond ons for
our success as an arm s eng h en repreneur a non-profi
corpora on of he C y of Reg na The r bus ness acumen
and s ewardsh p d gence has rea y made REAL a much
be er organ za on n a w de range of aspec s The Board
members vo un eer he r me and I wou d be rem ss f I d d
no acknow edge he r ded ca on and con r bu ons
In c os ng I mus acknow edge he work of our managemen and
s aff They are ncreas ng y profic en a de ver ng op qua y
serv ces o our c en s and gues s They have had o work under
some cha eng ng c rcums ances such as de er ora ed fac es
arge vo umes of peop e and veh c es and gh me nes They
are proud of he r serv ce o he commun y and some mes are
aken for gran ed W hou hese emp oyees Reg na wou d no
be as v bran and exc ng as s – o ve and work
We opera e a very arge en erpr se w h abou 33 managers
147 fu - me and 769 par - me and casua s aff We have a
m x of ong me and new emp oyees n a ca egor es The
d vers y of our work force s expand ng oo – a reflec on of
our ne ghbourhood and our commun y We are proud of our
commun y nvo vemen w h he new Seven S ones nner c y
schoo I s good o g ve back o he commun y where many
of our emp oyees ve
Mark A an
Pres den and CEO
PRESIDENT’S MESSAGE
A2
BOARD OF DIRECTORS
Board of Director’s message
Officers
Jeff MacPherson
Chair of the Board
Mark Allan
President and CEO
Ben Antifaiff
Vice President and CFO
Denise Wanner
Corporate Secretary
Directors
Brian Barber (to Nov 26/14)
Karen Gibbons
Reg Howard
Patrick A. Kelly
Mike MacNaughton
Sandra Masters
Marty Meloche
Rob Nisbett
Ron Nugent
Mark Stefan
Glenys Sylvestre
Grant Wasnik
Glen Davies (ex-officio)
Paul Johnson (ex-officio)
4 / board of directors
A non–profit corporation is a legal entity
separate from its members and directors. It
is formed for purposes other than generating
a profit to be distributed to its members,
directors or officers. The profits are used to
further the goals of the corporation. It is
important to understand however that not
for profit does not mean no profit. There
can still be profit from its activities. The
reason it is important to understand the
meaning of non-profit is for some, the term
is often closely associated with low cost or
free. While free is a great word, in economic
terms it doesn’t mean costless. Free means
a resource allocation decision has been
made, transferring the costs associated with
something to someone else.
When the City of Regina, the Province of
Saskatchewan, the Federal Government
or others provide capital to the Regina
Exhibition Association for the construction
of new buildings this is not free money. This is
ultimately a resource allocation decision made
based on a solid business case supporting
specific project decisions. The benefit of
these projects is increased employment
and tourism dollars providing incremental
revenue for government for allocation to
other worthy projects or services. For us,
the investment adds to our asset base for
hosting events or sporting activities, trade
and agricultural shows, community events,
and convention events. All of which drive
a margin leading to a profit that allows for
sustainable reinvestment into the assets. This
prolongs their use, enjoyment and benefit
for the entire community for this generation
and future generations. This is the economic
circle of life.
In our role as stewards of the property on
behalf of the owner, the City of Regina, it
is critical that we generate Grade A revenue
commensurate with Grade A space and
Grade A Service. The assets, notwithstanding
their ownership by the City, are not free nor
are the employees. If we collect or charge
Grade C rates for Grade A space and Grade
A Service, we are effectively transferring the
difference onto the shoulders of all future
taxpayers in the City. If we make the space
and services free, then all we are doing is
allocating significant future costs for repairs,
maintenance or replacement of assets to
future generations far earlier than the true
economic life of the assets. By example,
when we invest $600,000 in Brandt Centre
toward improvements to the arena, for the
new score clock, we are making a decision
along with the tenant that the investment will
lead to higher attendance, increased revenue
for both parties and thus more margin for
reinvestment in to our assets and for the
tenant, a profit allocation decision that is
theirs to make.
Every event of every kind needs to ensure the
revenue pie isn’t being split in such a way that
one party starves – whether this is the owner,
the manager or the tenant. In the world of
economics, somewhere, somehow, sooner or
later this type of misallocation will end up
as a cost to someone else. In our instance, a
poor allocation of revenue ends up at the feet
of the owner, which is the City, representing
you, the citizens of Regina. We know the
entrepreneurial business model of Regina
Exhibition Association Limited. (REAL)
meets the business mandate City Council has
for REAL. We also know we need to operate
efficiently so there is profit for re-investment.
We are moving quickly to turn all of our space
into Grade A space, because that is what our
tenants are demanding and that is what the
users want. We are investing significantly in
training to ensure we are providing Grade
A Service. The new Mosaic stadium, a new
multi-plex to replace run down, inefficient
barn row space for Canadian Western
Agribition and investment in people. The
path and future remains exciting for REAL
and Evraz Place so long as we don’t lose sight
on what free really costs and what non-profit
truly means.
Jeff MacPherson
Chair of the Board
CORPORATE
SOCIAL RESPONSIBILITy
The Regina Exhibition Association Limited, which
operates Evraz Place, endorses a consciousness of
responsibility towards the community and environment in
which it operates, by contributing to educational and social
programs and by ensuring adequate returns on investing
in its employee resources. As we embark on the corporate
social responsibility road of sustainable responsible
business in this year of readiness moving forward, our
report will touch on the community support aspect and our
employee resources. In subsequent years our report will
include the risk management, economic, and environmental
components of our responsibility.
In 2014 our greatest assets consisted of 949 employees
who developed, led, and delivered fun, thrilling, thoughtprovoking entertainment to enhance our guests’ experience.
We are striving to provide exceptional customer service to
all those that pass through our gates.
Our employees are the cornerstone of our business and
Evraz Place remains committed to maintaining and
supporting our employees by providing ongoing staff
training, professional development, as well as health and
wellness support services. This has helped us to recruit and
retain revered leaders in the industry.
As the community’s demographic changes, so does our
workforce. We are very proud to have a richly diverse labour
force comprised of 27.06% Aboriginal; 15.29% Visible
Minorities; and 4.3% People with Disabilities. Additionally,
Evraz Place is honoured to have an increased employee
representation from Latin America, West Asia, East Asia,
Southeast Asia, Japan, China, the Philippines, and Africa.
The payoffs in creating and maintaining a diverse workforce
touch every area of our business and we have experienced
an increase in creativity, productivity, language skills and as
equally important stronger guest and community loyalty.
Our employees are proud dedicated community volunteers.
Some of the staff members took on the ALS Bucket
Challenge in August as we were nominated by the City of
Regina. We passed the nomination on to other partnering
organizations to help keep the momentum of the challenge
going. We have partnered with Canadian Blood Services
through the Partners for Life program – we are continuing
to make a lifesaving difference for hospital patients in
the Prairies region. We are dedicated to increasing our
community support as we move towards our Vision 2020,
beginning in 2015.
For many years Evraz Place partnered and supported the
Wascana/Herchmer schools and encouraged leadership and
academic achievement. In September of 2014, the Seven
Stones Community School opened on the old Herchmer
school site. This state of the art green school is proudly
sponsored by the Board and staff of The Regina Exhibition
Association Limited. Books are purchased for the literacy
program, monthly virtue awards are purchased and each
year we donate Queen City Ex passes to the students of the
year. In 2014, our employees fundraised and bought four
IPOD shuffles for the students. These IPOD shuffles will
be housed in their library and open classrooms for use by
all of the school children.
Each year, our Executive Chef and his talented staff create
the most tantalizing Christmas meal for the school. In
December of 2014, the Board of Directors volunteered
their time, donned Santa hats, and served up Christmas
lunch for the Seven Stones’ faculty and students. It was a
wonderful, humbling experience for all involved.
“ ”
As the community’s demographic
changes, so does our workforce.
We are very proud to have a richly
diverse labour force
“ ”
Evraz Place is one of the busiest event
complexes in the country, hosting more
than 1,500 events each year.
Year
in review
Evraz Place is one of the busiest event-complexes in
the country, hosting more than 1,500 events each year.
Numerous major entertainment, agricultural, sporting,
recreational and cultural events take place on-site annually.
Evraz Place self-produces the Prairie Mobile Taste of
Spring, Canada’s Farm Progress Show presented by Viterra
and the Queen City Ex presented by Mosaic.
PRAIRIE MOBILE TASTE OF SPRING
The Prairie Mobile Taste of Spring in its 18th year went
from a three to a two day tradeshow featuring local
restaurants and top wine, spirits and beer. Nearly 5000
attendees visited the Credit Union EventPlex to sample
Regina’s finest food and the latest offerings from the Wine
and Spirits industry.
CANADA’S FARM PROGRESS SHOW
Canada’s Farm Progress Show presented by Viterra, for the
4th year was named “The Largest Trade Show in Canada”
by Trade Show News Network, an indication of another
successful event. CFPS has taken pride in maintaining
and increasing the number of International Buyers that
attends the show every year. In 2014 there were over 700
International Buyers who came to view and buy Canadian
made agricultural equipment. Having an opportunity to
display and explain a product to many buyers and local
farmers at one setting, is an opportunity that cannot be
matched.
“
The Farm Progress Show is the best I have been to
around the world. As an International Guest I found the
International Business Centre excellent. I was very well
looked after; it made meeting people and doing business
much easier. The way international guests are looked after
is outstanding.
David Fagan, Australia
6 / year in review
”
“
Year
in review
The CFPS is the only venue I have been to where as a buyer
you are able to meet real producers. It is an excellent cross
section of SK/CDN agri-business players; attracting the
most innovative technology focused companies while at the
same time remaining approachable for small to mid-size
family farmers. Nicole Rogers, United Arab Emirates.
”
THE QUEEN CITY EX
An overall successful year for the five day summer fair, in
spite of inclement weather, attendance was just shy of the
200,000 mark. The fair kicked off with the QCX Parade
on Tuesday evening prior to opening day. Once again
the parade drew impressive crowds that lined the streets
of Regina between Evraz Place and the Tartan Curling
Club. Following the parade, spectators took in an amazing
fireworks display in Wascana Park. “Exploding Into The
Ex” in grand fashion.
The Molson Canadian LIVE Grandstand has always
attracted huge nightly crowds to Confederation Park and
2014 was no exception. Country music legends LONESTAR
kicked off the week, followed with Juno Award Group of
the Year, MARIANAS TRENCH. For the first time in the
QCX history, weather forced the cancellation of Friday’s
concert with the highly anticipated, glam metal icon, BRET
MICHAELS. Canadian Rockers MONSTER TRUCK got
things back on track on Saturday night with a powerful
performance. Closing the stage on Sunday was Canadian
Pop group DOWN WITH WEBSTER.
Other popular attractions and thrill acts included the
XPogo Stunt Team, iFlip Trampoline Wall Show, Craz E
Crew, Hypnotist Wayne Lee, Comedic Juggler Josh Casey,
Contortionist Sam Halas and Juno Award nominated
Children Entertainers, Splash n’ Boots.
Evraz Place and Mosaic teamed up to serve 10,000 pancakes
and raised over 10,000 pounds of food for the Regina Food
Bank during Mosaic’s Flip For Hunger Pancake Breakfast.
In the last four years this initiative has raised over 38,300
pounds in non-perishable food donations for the Regina
Food Bank. Once again, Mosaic and Evraz Place joined
forces for “Experience the Ex”, a program which donated
gate admissions and Daytrippers to underprivileged youth
and charitable groups.
“
“
””
My husband and I really enjoyed attending the Queen City
Ex this year. Walking through the fairgrounds and seeing
all the smiling faces, kids laughing and families out for the
evening was quite a treat. Saydie Kleisinger
The Queen City Ex is my favorite time of the summer!
My friends and I can’t wait to stuff our faces and ride all
day long! Mason Skene
Customers, patrons and guests came to work, play and be
entertained at Evraz Place. Saskatchewan’s largest event
and entertainment destination, once again attracted some
of the most sought after artists and events to Regina. The
Brandt Centre to its capacity of over 6,000 strived to please
a wide range of tastes by presenting entertainers such as, the
World Famous Harlem Globe Trotters, comedian Russell
Peters, two Disney Live events (Mickey’s Music Festival &
Mickey’s Rockin’ Road Show), Country superstars Rascal
Flatts, award winning family trio The Band Perry, American
Idol winner Phillip Phillips, Rock & Roll Hall of Famers
Heart, the American bro-country duo Florida Georgia Line
and the Grammy Award-nominated multi-platinum hard
rock titans Godsmack. Cirque du Soleil came back to the
Brandt Centre in December, transporting audiences to the
world of Dralion for seven amazing performances.
The Brandt Centre has been hosting home games of
the WHL’s Regina Pats for over 35 years. Evraz Place is
proud to have Pats fans recognize the Brandt Centre as
the home of this beloved hockey team in the Queen City.
New owner’s Queen City Sports and Entertainment Group
certainly brought excitement, along with new energy that
was welcomed by Evraz Place. GO PATS GO!
Evraz Place has become a well-known destination for both
locals and visitors, all year round. Whether it’s to bring your
dreams to life at the popular Spring Home & Garden Show,
the pavilions during Mosaic, the 2014 record breaking
Majestic Car Show, or the highly anticipated Fan Fair, Evraz
Place is the place for events and entertainment.
The Aboriginal community once again arrived in masses as
the Brandt Centre served as home for their Annual First
Nations University Pow Wow in April. The sounds and
smells of traditional food, authentic dance, ceremonial
costumes and music filled the air during this three day
weekend event.
Evraz Place’s newest spring tradeshow, the REAL Flea
Market & Garage Sale combined the antique dealers,
local artisans and non-profit groups, fundraising for their
charities all under one roof. Whether it was for that rare
find or a great deal, this sale was the place to come barter
and shop!
. . . continued on next page
“ ”
Co-operators Centre has emerged as
one of the premier ice sports facilities
in Canada hosting local, regional and
national competitions.
year
in review
“ ”
At Evraz Place we recognize none of
this would be possible without the
support and dedication of our
in-valuable corporate partners
EVRAZ PLACE
ENRICHING OUR COMMUNITY
Together with our Corporate Partners, we continue to
enrich our community by providing the people of our City,
Province, and Country with opportunities to experience
world class events and entertainment, and participate
in many sport and recreation activities within first class
facilities here at Evraz Place.
Our multi-purpose facilities and expert staff have
welcomed and catered an impressive variety of successful
and exciting events throughout the year. The Queensbury
Convention Centre hosted some of the most dynamic
regional and national meetings, conferences, gala dinners
and trade shows. Evraz Place staff covered over 500 shifts
during major events such as Canada’s Farm Progress Show,
the Queen City Ex and Canadian Western Agribition.
The Food & Beverage team took great pride in serving
over 2 million guests in 2014. The dedication of the staff
in providing an exceptional experience contributed to the
great success of more than 1,200 catered events.
The Sport and Recreation Division was pleased to host
some major events in 2014 including, Skate Canada
Adult National Synchronized Championships, National
Ringette Championships, Western Canadian Ball Hockey
Championships, U15 Volleyball Championships, Western
Prospects Hockey Camp and the World Cup Soccer
Championships.
Over 3,700 young athletes from across Canada and the
United States competed in the North American Indigenous
Games at various locations across Regina. Our Catering
Team served Breakfast, Lunch and Dinner to over 2700
athletes daily in the Credit Union EventPlex. The EventPlex
continues to be a marquis venue for the community’s largest
dinner’s including the Premier’s Dinner and the Plaza of
Honor Dinner.
The Sport & Recreation Division is excited for the
future and the events they are set to host including the
International Firefighters Hockey Championships, Police
Tournament, National Adult Hockey Championships, U15
Canadian National Volleyball Championships, Keystone
Cup Western Hockey Championships and World Broomball
Championships. Evraz Place will be at the forefront of the
Canadian amateur sports scene.
The Co-operators Centre has emerged as one of the
premier ice sports facilities in Canada hosting local, regional
and national competitions twelve months a year. Minor
hockey tournaments dominated the winter calendar along
with a busy schedule of ringette, figure skating, soccer and
lacrosse. The facility had a total of 22,955 hours booked
in 2014.
I work on behalf of Scotiabank’s Events and Activations
Agency and we were recently at the Co-Operators Centre for
a surprise event. Often times when we go to a large complex,
it is easy for staff members to hide from work and pass the
buck. This was the complete opposite from the staff at the
Co-operators Centre. Your F&B staff was engaging, helpful
and impressively punctual to the minute of our food delivery.
I received nothing but top notch customer service.
Chris McGrath Manager, Activations & Events
8 / Year in review 2014
With increasing enrollment in both the Regina Soccer
Association and Hockey Regina due in large part to
facilities at Evraz Place, future years look to be increasingly
busy. 2014 brought numbers in for Hockey Regina with 169
teams and 2,755 participants.
“
”
The property and facilities of Evraz Place are owned by
the City of Regina, and leased to The Regina Exhibition
Association Limited.
corporate
partnerships
In 2014 over 2.75 Million people patronized our property;
events, and facilities. As we look towards the future, the
number of patrons will continue to grow in unison with the
continued development of Evraz Place.
With the stadium project in full-swing and new projects on
the horizon, we will continue to create new and improved
experiences for our patrons thereby ‘enriching our
community.’
At Evraz Place we recognize none of this would be possible
without the support and dedication of our in-valuable
corporate partners!
®
Management Report
The accompanying financial statements of The Regina Exhibition
Association Limited operating Evraz Place have been prepared
by the Association’s management in accordance with Canadian
public sector accounting standards for government not-for-profit
organizations and necessarily include some amounts based on
informed judgment and management estimates.
To assist management in fulfilling its responsibilities, a system
of internal controls has been established to provide reasonable
assurance that the financial statements are accurate and reliable
and that assets are safeguarded.
The Board of Directors have reviewed and approved these
financial statements.
These financial statements have been examined by the independent
auditors, Virtus Group LLP and their report is presented separately.
Mark Allan
President and CEO
March 18, 2015
Ben Antifaiff
Vice President and CFO
March 18, 2015
To the Directors,
Regina Exhibition Association Limited
We have audited the accompanying financial statements of The
Regina Exhibition Association Limited, which comprise the
balance sheet as at December 31, 2014 and December 31, 2013,
and the statements of income, changes in net assets and cash
flows for the years ended December 31, 2014 and December 31,
2013, and a summary of significant accounting policies and other
explanatory information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair
presentation of these financial statements in accordance with
Public Sector Accounting Standards for government not-forprofit organizations and for such internal control as management
determines is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due
to fraud or error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial
statements based on our audit. We conducted our audit in
accordance with Canadian generally accepted auditing standards.
Those standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material
misstatement.
An audit involves performing procedures to obtain audit evidence
about the amounts and disclosures in the financial statements. The
procedures selected depend on the auditors’ judgment, including
the assessment of the risks of material misstatement of the
financial statements, whether due to fraud or error. In making
those risk assessments, the auditor considers internal control
relevant to the entity’s preparation and fair presentation of the
financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the entity’s internal
control. An audit also includes evaluating the appropriateness of
accounting policies used and the reasonableness of accounting
estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements present fairly, in all
material respects, the financial position of The Regina Exhibition
Association Limited, as at December 31, 2014 and December 31,
2013, its results of operations and its cash flows for the years ended
December 31, 2014 and December 31, 2013 in accordance with
Canadian Public Sector Accounting Principles for government
not-for-profit organizations.
The Regina Exhibition Association Limited
operating Evraz Place
Statement of Financial Position
As at December 31, 2014
2014
$
Assets
Current Assets
Cash
Accounts and grants receivable
Inventories
Supplies and prepaid expenses
3,053,228
1,961,813
215,578
68,799
5,299,418
3,043,106
1,854,647
407,449
48,881
5,354,083
69,306,846
74,606,264
72,873,544
78,227,627
3,295,234
1,111,350
209,423
4,616,007
4,606,863
1,683,304
180,718
6,470,885
Long-term debt (note 4)
Deferred grants and other contributions (note 5)
222,865
63,391,660
68,230,532
336,863
66,036,940
72,844,688
Share capital (note 6)
Investment in capital assets
Accumulated surplus
Net assets
5,482,896
892,836
6,375,732
74,606,264
9,720
6,319,021
(945,802)
5,382,939
78,227,627
Tangible capital assets (note 3)
Liabilities and Net Assets
Current liabilities
Accounts payable and accrued liabilities
Deferred revenue and deposits
Current portion of long-term debt (note 4)
Commitments (note 12)
See accompanying notes
Approved by the Board:
Director
Chartered Accountants
Regina, Canada
March 18, 2015
10 / financial statements
2013
$
Director
FINANCIAL STATEMENTS
Financial
Statements
FINANCIAL STATEMENTS
The Regina Exhibition Association Limited
operating Evraz Place
The Regina Exhibition Association Limited
operating Evraz Place
Statement of Changes in Net Assets
Statement of Income
For the Year Ended December 31, 2014
For the Year Ended December 31, 2014
Share
capital
$
Balance, beginning of year
Net income for the year
Issuance of share capital
Amortization
Capital contributions deferred
Capital contributions recognized
Investment in capital assets during the year
Net change in long term debt
Balance, end of year
Investment in
capital assets
$
9,720
6,319,021
(9,720)
-
(4,115,318)
(659,650)
3,304,930
548,620
85,293
-
5,482,896
Accumulated
surplus
$
(945,802)
1,002,513
4,115,318
659,650
(3,304,930)
(548,620)
(85,293)
892,836
2014
$
5,382,939
1,002,513
(9,720)
-
6,375,732
2013
$
4,615,160
767,779
-
5,382,939
2013
$
14,283,008
8,127,993
3,744,231
1,508,739
2,600,000
30,263,971
18,909,375
7,956,584
3,849,705
1,514,948
2,600,000
34,830,612
942,269
4,115,318
2,753,436
389,671
4,804,914
2,239,221
14,016,629
29,261,458
1,002,513
1,407,567
3,916,548
3,702,352
607,083
7,585,470
2,077,898
14,765,915
34,062,833
767,779
Revenues
Sales
Rentals
Contributions and other income
Sponsorships and advertising
Revenue continuance (note 9)
Expenses
Administration
Amortization
Cost of goods sold
Repairs and maintenance
Supplies, equipment and contracted services
Utilities
Wages and employee benefits
Net income for the year
See accompanying notes
12 / financial statements
2014
$
FINANCIAL STATEMENTS
The Regina Exhibition Association Limited
operating Evraz Place
Notes to the Financial Statements
The Regina Exhibition Association Limited
operating Evraz Place
For the Year Ended December 31, 2014
Statement of Cash Flows
1. Description of the business
For the Year Ended December 31, 2014
2014
$
Operating activities
Net income for the year
Items not affecting cash
Amortization
Deferred capital contributions recognized
Net increase (decrease) in non-cash working capital balances
related to operations
Net cash generated (used) through operating activities
2013
$
The Regina Exhibition Association Limited (the Association) is a not-for-profit organization incorporated
in 1907 by "An Act to incorporate The Regina Exhibition Association Limited", being Chapter 41 of the Statutes
of Saskatchewan, 1907. The Association transitioned to The Non-profit Corporations Act, 1995 (Saskatchewan),
on January 1st, 2014 under an Order in Council approving the Association's Articles of Continuance,
which were passed by a special resolution of the shareholders on May 01, 2012.
2. Accounting policies
1,002,513
4,115,318
(3,304,930)
1,812,901
(1,218,796)
594,105
767,779
3,916,547
(3,256,424)
1,427,902
43,230
The financial statements have been prepared in accordance with Canadian public sector accounting standards
for government not-for-profit organizations adopted by the Association in 2014 and applied retrospectively to all
years presented. There was no significant impact compared to Canadian accounting standards for not-for-profit
organizations previously applied.
Preparation of financial statements requires management to make estimates and assumptions that affect
the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date
of the financial statements and the reported amount of revenue and expenses during the year. These
estimates are reviewed periodically and adjustments as necessary are reported in the period of review.
1,471,132
a) Tangible capital assets and amortization
Financing activities
Proceeds from long-term debt
Repayment of long-term debt
Contributions received
Proceeds from issuance of shares
Net cash generated (used) through financing activities
(85,293)
59,650
(9,720)
(35,363)
517,581
517,581
Tangible capital assets are recorded at cost. Amortization is recorded over the estimated useful life of the assets as
follows:
Buildings
Equipment
-straight-line over 10 to 30 years
-straight-line over 3 to 20 years
b) Revenue recognition
Investing activities
Purchase of tangible capital assets
Decrease in cash during the year
(548,620)
10,122
(3,746,959)
(1,758,246)
Sales revenue, including catering, concessions and events, and Rental revenue are recognized as services are
provided. Sponsorship and advertising revenue is recognized based on the terms of the contract.
Cash, beginning of year
3,043,106
4,801,352
c) Grants and other contributions
Cash, end of year
3,053,228
3,043,106
Grants and other contributions received by the Association are accounted for as follows:
See accompanying notes
i)
Grants and other contributions to assist with the financing of capital asset additions are recorded as deferred
capital contributions (see note 5). The portion of the grant and other contributions equivalent to the annual
amortization expense of the related asset is recognized annually as Contributions and other income.
ii)
Grants and other contributions intended for grounds and buildings repairs and maintenance are recorded in
revenue in the period in which they are received.
iii) Grants and other contributions that are restricted and not specifically intended for capital asset additions are
recorded in revenue in the period the related expenses are incurred.
d) Financial instruments - recognition and measurement
All financial instruments are recognized at fair value upon initial recognition.
All of the Association's financial instruments are measured at amortized cost following initial recognition.
When an impairment is indicated, and when actual impairment has occurred, the financial instrument's carrying
amount is reduced to its realizable value.
14 / financial statements
FINANCIAL STATEMENTS
3. Tangible capital assets
Cost
$
Buildings
Equipment
96,120,117
7,325,146
103,445,263
Accumulated
Amortization
$
29,553,488
4,584,929
34,138,417
8. Financial instruments
2014
$
2013
$
66,566,629
2,740,217
69,306,846
69,760,976
3,112,568
72,873,544
The Association's recognized financial instruments consist of cash, accounts receivable, accounts payable
and accrued liabilities, and long-term debt. The fair value of cash, accounts receivable, accounts payable
and accrued liabilities approximates carrying value given the short term nature of the amounts. The
fair value of long-term debt approximates carrying value based on the terms of the debt agreements.
9. Revenue continuance
4. Long-term debt
On November 22 1997, the Association ceased operating its casino. In accordance with an agreement
between the Association and the Province of Saskatchewan, a 30 year agreement was entered into
whereby the Association will receive $2,600,000 annually to maintain its earnings.
2014
$
2013
$
313,180
483,402
Loan payable to Roynat in monthly payments of $774.43 including
interest at 14.7%. Specific equipment is pledged as security. Due
November, 2016.
15,441
21,936
Loan payable to RCAP in monthly payments of $436.49 including
interest at 11.8%. Specific equipment is pledged as security. Due
September, 2016.
8,242
12,243
Loan payable to Royal Bank of Canada in monthly payments of
of $15,415.60 including interest at 3.6%. Specific equipment is
pledged as security. Due September, 2016.
Loan payable to Peak Performance in monthly payments of
$1,863.45, with no applicable interest. Specific assets are pledged
as security. Due May, 2019.
Less current portion
95,425
-
432,288
517,581
209,423
222,865
180,718
336,863
2015
2016
2017
$
209,423
188,536
148,327
5. Deferred grants and other contributions
Amounts deferred in year
Amounts recognized in year
Ending deferred grants and other contributions
2014
$
2013
$
66,036,940
69,293,364
659,650
-
3,304,930
63,391,660
3,256,424
66,036,940
2014
$
2013
$
-
9,720
7. Financial risk management
The association has a risk management framework to monitor, evaluate and manage the principal risks
assumed with financial instruments. The significant financial risks to which the Association is exposed are.
Credit risk
Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party
by failing to discharge an obligation. The Association is exposed to credit risk on the accounts receivable
from its customers, however, does not have a significant exposure to any individual customer or counterpart.
In order to reduce its credit risk, the Association has adopted credit policies, which include the review of a
new customer's credit history and financial position before extending credit and conducting regular reviews
of its existing customers' credit performances to reflect the Association’s credit policies. The Association
has incurred insignificant bad debt expense during the past three years.
16 / financial statements
In the normal course of operations, the Association has relationships with Directors' businesses. These
transactions are conducted at market prices and at comparable terms as with unrelated parties.
The Association requires Directors' to adhere to its Conflict of Interest policy. During the year the Association
conducted business with the City of Regina in the normal course of operations and at prices equivalent
to unrelated purchases, as follows:
2014
2013
$
$
Revenues for the year:
Sales
58,020
53,799
Rentals
1,301,890
1,261,988
Contributions and other income
526,667
546,667
Expenses for the year:
Administration
Supplies, equipment and contracted services
Utilities
660
93,646
211,423
612
94,757
183,053
Accounts receivable, at December 31
Accounts payable, at December 31
930,731
372,069
413,636
357,117
12. Commitments
At December 31, 2014, the Association had a commitment of $565,000 for the acquisition
of property, plant and equipment in 2015. The commitment relates to improvements to the Brandt Centre.
13. Certain comparative figures have been reclassified to conform with the presentation in the current year.
6. Share capital
IssuedDuring the year, all previously issued shares were cancelled as a result
of the corporate continuance described in Note 1 (2013 - 972 shares)
The Association is subject to certain legal matters arising in the normal course of business, none of which are
expected to materially affect the financial results of the Association.
11. Related parties
The estimated principal repayments in the next three years are as follows:
Opening deferred grants and other contributions
10. Contingencies
Evraz Place Site Map 2014
PRINCESS ST
GATE
9th Avenue
Executive lEADERSHIP Team (as of March, 2015)
Mark Allan, President and CEO
Ben Antifaiff, Vice President and CFO
Neil Donnelly, Vice President Sports Events and Entertainment
Graham Edge, Vice President Food and Beverage
Elma Shoulak, Vice President Human Resources
Bill Stoner, Vice President Facilities and Event Delivery
Denise Wanner, Director Corporate Governance and Corporate Office
Canada Centre
ELPHINSTONE
& 10th GATE
Ag-Ex
Pavilion
Management (as of March, 2015)
Lori Adams, Manager Catering Sales
Dean Churchill, Director Finance and Administration
Kenneth D’Souza, Assistant Catering Manager
Fred Fink, Manager Event Delivery
Ashley Frohlich, Assistant Catering Manager
Darwin Godlien, Manager Security
Nicole Hedman, League Manager
Chris Hutchinson, Director Corporate Development
Shirley Janeczko, Acting Manager Canada’s Farm Progress Show
Normie Jay, Catering Manager
Bret Jenkins, Manager Sport Operations
Alicia Knapman, Manager Box Office and Cash Operations
Reagan Lowe, Director Employee Relations
Brenda McIntosh, Director Events and Entertainment
Allison McLaughlin, Manager Human Resources Planning
Mario Melendres, Sous Chef
Degan Middleton-Machdanz, Manager, Food and Beverage
Neil Morrow, Financial Analyst
Dawna Nielson, Director Sport and Recreation
Naimesh Patel, Custodial Services Manager
Fayth Runns, Manager Human Resources Planning
Rob Swan, Manager, Food and Beverage
Ken Taylor, Director Trade and Consumer Shows
Alison Wilkie, Catering and Events Manager
Leanne Winter, Sport and Recreation Programming Manager
Mike Zech, Executive Chef
Agribition
Building
11th Avenue
LEWVAN
GATE
Construction Site
of new Stadium
Saskatchewan Drive
10th Avenue
www.evrazplace.com
THE REGINA EXHIBITION ASSOCIATION LIMITED
Operating Evraz Place
P.O. Box 167
1700 Elphinstone Street, Regina, SK, S4P 2Z6
Phone (306) 781-9200 Fax: (306) 565-3443
www.brandtcentre.com
Brandt Centre
Queensbury Convention Centre
Credit Union EventPlex
Co-operators Centre
www.queensburycentre.com
www.cooperatorscentre.com
www.evrazplace.com