LDE provides November Update

In their November report to the Economic Standing Policy Committee, Lethbridge & District Exhibition (LDE) provided both a financial and operational update to the end of September 2024.

After 11 months, LDE reports a total deficit of $2.2 million down $4.2 million from the originally estimated annual budget of $6.4 million. The team also made strides in revenue generation booking an additional ten events in 2024 and 12 new events for 2025.

“We know the Agri-food Hub & Trade Centre is a world class facility,” says Mayor Blaine Hyggen. “The more activity, events and exposure people have to that space, the more successful it will be. We are pleased to see the LDE leadership team continue to grow these opportunities.”

One of these major events is the Agri-Food Innovation Expo coming to Lethbridge November 26-28.

“We are really proud to be hosting the Agri-Food Innovation Expo later this month,” says LDE Acting CEO, Kim Gallucci. “We’ve been able to partner with the Red Deer’s Westerner Park which is a great collaboration that will see the event alternate each year between Lethbridge and Red Deer. We are excited to work together to highlight the amazing agricultural innovation we have right here in our own backyard.”

The Agri-food Hub & Trade Centre was busy in October, with more than 45 events, including the final Lethbridge Farmers’ Market of the season on Oct. 12, the Lethbridge Handmade Market on Oct. 12, Gujarati Navratri celebration from Oct. 11-13, the Alberta Livestock Expo on Oct. 16-17, the Rock and Gem show from Oct. 18-20, City & Baby tradeshow on Oct. 19 and more. October continues to see an influx of events, with more than 35 bookings, including Glow Lethbridge, which runs from Nov. 2 to Dec. 31, the Royal Canadian Legion’s Remembrance Day ceremony on Nov. 11, the Fall Into Christmas show on Nov. 22-23, Big Christmas and Farmers’ Market on Nov. 30 and Dec. 1 and more.

For a full list of upcoming events visit: https://www.agrifoodhub.ca/agri-food.