Glen Korstrom, Business in Vancouver, Aug 29, 2016
The B.C. government earlier this month approved Valemount Glacier Destinations Ltd.’s (VGDL) master plan to build what could eventually be a $500 million ski resort near Valemount in central B.C. near the Alberta border.
Initial financing for an approximately $85 million first phase is coming largely from a trust run by Toronto real estate tycoon Greg Marchant, with other investors including Toronto condo-marketing guru Hunter Milborne.