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Video: $5 billion proposed resort near Squamish would create thousands of jobs, billions in GDP

A new report says a proposed $5 billion resort in the Garibaldi Highlands would dramatically change Squamish, creating thousands of jobs and a population boom.

The plan for the four-season resort has been around for over 20 years, but there’s still no decision on whether or not it will actually proceed.

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The resort’s town centre would look down on Squamish and the developers say that the all-season amenities, at half the size, would compliment nearby Whistler.

The resort could be a huge economic generator for Squamish and closer to a larger population in Vancouver.

The report was paid for by the developer as part of an environmental assessment. It’s estimated the resort would increase the population of Squamish by 22%.

It would also add 7,000 full and part time jobs, plus $2.3-billion to B.C.’s GDP.

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The Ministry of Environment and the District of Squamish still have to approve the proposal.

— with files from Brian Coxford

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