The City of Vancouver says the financial impacts of the COVID-19 pandemic threaten to shutter the long-running Pacific National Exhibition if the non-profit organization isn91裸聊视频檛 able to secure emergency funding from the province.

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

Mayor Kennedy Stewart says the city has been extending the PNE91裸聊视频檚 91裸聊视频渆ver-growing line of credit91裸聊视频� and it needs provincial support if it91裸聊视频檚 going to continue hosting music, cultural, sports and other events each year.

The exhibition91裸聊视频檚 management says it would take more than 15 years to eliminate the forecasted deficit, jeopardizing the PNE91裸聊视频檚 ability to organize events.

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

Andrew Leger, president of the CUPE local union that represents most PNE workers, says the annual fair is B.C.91裸聊视频檚 single-largest employer of youth.

91裸聊视频淔or many, it91裸聊视频檚 their first job 91裸聊视频� work that helps pay for their education, or even gets their family established in Canada,91裸聊视频� he says in the statement.

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