City of Red Deer
City Council suspends payments on Westerner’s $19 million loan

Westerner Exhibition Association (WEA) loan agreement adjusted
City Council passed second and third reading of a loan amendment bylaw to suspend interest and principal payments related to a $19 million WEA loan with the goal to further support WEA’s financial sustainability.
The item was back in front of Council today after first reading occurred in December 2024, at which time Council expressed the need for a more detailed report on the impacts of WEA’s loan on the City’s financial position.
“Today’s decision is all about providing WEA additional time to achieve financial stability while recognizing its role in generating significant economic activity in the region. WEA hosts 1,500 events annually and welcomes 1.5 million visitors each year,” said Mike Olesen, Growth and Finance General Manager.
Between September 2021 and today, City Council has continued to adjust and respond to the evolving needs related to the loan agreement.
Recently, The City of Red Deer, Red Deer County, the Westerner Park Foundation and the Donald family each contributed $500,000 to the sustainability of WEA. Normally under the existing terms of the loan agreement and loan bylaw, this injection of cash would trigger a loan payment back to The City. However, the intention is to give WEA the time and funds to recover and reach sustainability and today’s decision to suspend interest and principal payments on the $19 million loan responds to this need.
With these adjustments to the conditions of the loan, WEA must still pay the loan in its entirety by the end of the loan’s term. This decision has an impact on the City’s financial position in the short term, but as WEA ‘s financial performance stabilizes, payments on the loan are anticipated to return. This is some of the additional information provided to City Council today.
“To reiterate, this does not mean that the $18.7 million remaining debt is forgiven, but rather that The City must temporarily report a change to our financial statements to better reflect the real value of the loan at a point in time,” said Mike Olesen, Growth and Finance General Manager.
“Westerner has a three-year business plan, and its success is contingent on the changes made today, and the involvement and contributions of partners, including the Province. We still need to continue to recognize the realities and time it takes to recover being a major agriculture society and event centre in our Province and region,” said Tara Lodewyk, City Manager. “The Westerner is working hard to make positive changes that improve its financial situation and the experience for our community. We can all help. It is as easy as choosing to attend one of the many events at the park, and we encourage our citizens to do just that.”
With today’s decision, loan payments will be paused until April 1, 2027, enabling WEA to focus on its recovery plan. This suspension aligns with ongoing financial contributions and recovery planning efforts by The City, Red Deer County, the Province of Alberta, and other stakeholders.
During this period, Westerner Exhibition Association will present annual financial updates to City Council.
City of Red Deer
City of Red Deer Employee Honoured with Bob Stollings Memorial Award for Outstanding Contributions

Annette Scheper, Community & Program Facilitator in the Safe & Healthy Communities Department is The City’s 2025 recipient of the Bob Stollings Memorial Award.
The Bob Stollings Memorial Award is given out each year to a City employee who displays outstanding performance in alignment with The City’s RISE cornerstone values – respect, integrity, service and excellence. Nominations for the award are submitted by fellow coworkers detailing the employee’s achievements professionally and interpersonally, along with letters of support. The award is considered a great honour among City staff.
With an impressive 22-year career, Annette has played a pivotal role in shaping Red Deer’s cultural and special events landscape. Her leadership and innovation have brought thousands of successful events to life, creating lasting traditions that enrich the lives of residents. Her commitment to excellence and resourcefulness has ensured that community initiatives are inclusive, accessible, and impactful.
One of Annette’s most notable achievements is the development of the Community Loan Program, which provides essential resources for local groups, contributing an annual value of $86,778.95 back into the community. In addition, she has successfully led and executed a variety of large-scale events, demonstrating remarkable problem-solving skills and a dedication to sustainability. From creating elaborate event designs with repurposed materials to managing complex logistics, she continuously sets the standard for excellence.
“Annette exemplifies the best of our organization,” said City Manager, Tara Lodewyk. “Her unwavering dedication, innovative thinking, and ability to bring people together has made a profound impact on our city. This award is a testament to her hard work and passion for creating meaningful experiences for our community.”
The Bob Stollings Memorial Award was first established in 1985 and is presented every year to honour Robert (Bob) E. Stollings, a loyal and dedicated City employee from 1960-1984.
City of Red Deer
Red Deer will choose a new Mayor as Ken Johnston decides to step away

It’s a telling detail about the person who leads Red Deer City Council. Always putting the city’s needs ahead of his own, Mayor Ken Johnston has announced his intentions within days of the opening of Nominations for October’s municipal elections,
After 12 years on council, Mayor Ken Johnston has decided against running for a second term as Mayor this fall. Johnson shared his decision in front of colleagues and supporters in a touching announcement on Wednesday.
At 71 years old, Johnston remains vibrant, passionate and healthy. He says that’s exactly why he and his wife Carolyn have decided now is the right time to start their next stage of life together.
Mayor Johnston listed a number of highlights and achievements he can look back on, including his help advocating for the redevelopment of Red Deer Regional Hospital, the growth of Red Deer Polytechnic, and positive moves in Economic Development.
All these lead of a feeling of ease about the decision to step away, though affordable housing and a permanent shelter for the homeless remain pressing concerns.
With about 8 months remaining in his term, Mayor Johnston is planning to push hard to move the needle on these housing issues.
“We’re looking forward to some more work and we’ll be going to the community shortly about it. So I still have optimism that maybe before the term is out we can have an announcement.”
This is the second major political announcement in Central Alberta in the last number of days. Earlier this week Red Deer Mountain View MP Earl Dreeshen announced he won’t be running in the next federal election.
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