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What Happens When The Ski Hill Goes Broke?

October 18th, 2008 Posted in Vancouver Sports

getting ready for south side deli
Creative Commons License photo credit: Andre Charland

Seems like Intrawest, the owner of Whistler Blackcomb and 10 other ski resorts, is being hit hard as it struggles with $1.68 Billion in debt that comes due October 23rd.

The London-based Financial Times broke the story.

How this could impact the Olympics is unknown. Maybe we’ll end up owning the hills?

One Response to “What Happens When The Ski Hill Goes Broke?”

  1. OMMAG Says:

    October 18th, 2008 at 3:10 pm

    Well I for one would be happy to buy some stake in the Blackcomb operation…..
    That is after Intrawest defaults and is forced to sell off.


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