Intrawest's Lenders Move to Sell Whistler Resort
And not only in time for the Olympics but during the games. I can see it on world wide television now!
Commentator #1: Who is that guy in the middle of the downhill run?
Commentator #2: You mean the fellow with the red mittens and a paddle in his hand?
Commentator #1: He seems positively gleeful!
Commentator #2: Well, that's Mayor Gregor Robertson of Vancouver bidding on the Whistler-
Blackcomb ski resort.
Since Vancouver is already on the hook for the Olympic Village to the tune of a paltry $1 billion, another couple of billion or so to bail out and attain ownership of such a prestigious venue should just be considered chicken feed. Besides Vancouver city hall has prior experience dealing with Fortress Investments – by now some of the principals must have grown to be good buddies – and Gordon Campbell would obviously be happy to allow a free enterprise city to go deeper in debt on behalf of the taxpayers.
How much would it cost to run the Sky Train out that far?