REGINA — Canadian Western Agribition recorded its largest revenues in history during the 2022 show, but expenses have also gone up.
The annual show turned a profit of $83,450 on revenue of $4.74 million. That’s a turnaround of more than $400,000 after the 2020 show had to be cancelled and the smaller 2021 version lost $321,000.
President Kim Hextall, who was re-elected at this week’s annual general meeting, said the numbers represent a return to business as usual.
“The organization is in a strong cash financial position, which will help us build and focus on our vision and future events,” she said.
Hextall said there was record attendance at the rodeo, a return to regular attendance of 120,000 and strong sales. International visitors from 63 countries were registered.
She told the meeting that the board last year completed a strategic plan and rewrote the show’s mission and vision statements.
The new mission statement is “to deliver an educational, entertaining and competitive experience showcasing Canadian livestock genetics and agriculture products to the world.”
Changes ahead for the 2023 show include the Canadian Animal Ag Tech Awards and a Miss Rodeo Agribition.
Also elected to the executive were vice-president Michael Latimer from Olds, Alta., and members at large Kelsey Ashworth from Oungre, Sask., Levi Jackson of Sedley, Sask. and Blake MacMillan from Nokomis, Sask.
Elected to serve two-year terms as directors were: Kelly Howe of Moose Jaw, Courtney MacDougall of Regina; MacMillan; Grant McLellan of Regina and Karl Sauter of Wawota, Sask.
The 52nd show will be held Nov. 20-25.
Contact karen.briere@producer.com
