what is the significance of the latter?
It takes place in mid-July and is the biggest of its kind in North America.
Edmonton
The Edmonton International Street Performer's Festival takes place in mid-July and is the biggest of its kind in North America. 
who was richard gavin reid? A Canadian politician. had he been a premier? Yes, he was the sixth Premier of Alberta. which party did he represent? United Farmers of Alberta. what is the capital of the region where he served as the premier? Edmonton what crops do they cultivate? Wheat and canola. were there any archeological discoveries made in the region? Yes, Late Cretaceous dinosaur fossils. what are some of the festivals observed in the capital city? The Works Art & Design Festival and Edmonton International Street Performer's Festival.
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Edmonton [SEP] Festivals
Edmonton hosts several large festivals each year, contributing to its nickname, "Canada's Festival City". Downtown Edmonton's Churchill Square host numerous festivals each summer. The Works Art & Design Festival, which takes place from late June to early July, showcases Canadian and international art and design from well-known award-winning artists as well as emerging and student artists. The Edmonton International Street Performer's Festival takes place in mid-July and is the biggest of its kind in North America. The TD Edmonton International Jazz Festival takes place in late June and, along with Montreal, were the first jazz festivals in Canada. Edmonton's main summer festival is K-Days, formerly Klondike Days, Capital Ex and originally the Edmonton Exhibition.