REAL must pay back $8M after audit on pandemic wage subsidy

A Regina municipal corporation will have to pay back millions of dollars it owes the Canada Revenue Agency (CRA).A report heading to the city's audit and finance committee says the CRA has completed its audit of two municipal corporations — Regina Exhibition Association Limited (REAL) and Economic Development Regina (EDR) — both of which accessed the Canada Emergency Wage Subsidy (CEWS).CEWS was a program offered by the federal government during the COVID-19 pandemic to temporarily support busin