News & Articles - economic downturn

  • City Council Throws Winnipeg Convention Centre Financial Lifeline

    Winnipeg’s RBC Convention Centre is getting a much-needed injection of cash. City council has agreed to loan the 260,000-square-foot facility $7.5 million to help keep it afloat during the COVID-19 economic downturn. The financial assistance will go toward covering losses that may continue through to next year. The city-owned convention centre has experienced cancellations and postponement of events that have devastated operations. Councillors who voted in favour of the loan guarantee say they did so because the downtown convention centre is…

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