Mosaic Place will be getting a new name. 

The Mosaic Company and the City of Moose Jaw announced on Thursday that the naming rights agreement for the facility will not be renewed when the agreement expires at the end of the year. 

“We are, at this point in time, working on marketing materials to attract new sponsors. We are excited about the future and the possibilities that are open to us,” said Mayor Fraser Tolmie. 

When the downtown facility opened in 2011, The Mosaic Company entered into a 10-year naming rights agreement with the city worth $1.5 million. 

Sarah Fedorchuk, vice president of public affairs and government relations with The Mosaic Company, said they decided to move in a different direction. 

“As a company, we've just been shifting our community investment strategy to focus on food security and water stewardship, and so we'll be looking for partnerships that feed into that new strategy,” Fedorchuk said. 

Mosaic has the naming rights to the football stadium in Regina and an arena in Florida used for agriculture events and rodeos. Fedorchuk couldn’t comment on Mosaic Stadium in Regina as the agreement doesn’t expire until 2036. 

The city noted that The Mosaic Company has invested an additional $2.2 million into the community in the past nine years including sponsoring the Mosaic Community Food Farm in Wakamow Valley.