OLIVER – After not operating last ski season, the Mount Baldy Ski Resort east of Oliver welcomed back skiers Friday as the resort re-opens on a limited basis.
Financial problems forced the previous owners into bankruptcy. The ski hill assets were then purchased by Calgary-based Baldy Capital Corporation.
“Based in large measure on strong community encouragement, the company decided to commit to the substantial effort and money necessary to open and manage the hill this season,” says company president Fred Johnston.
He adds management believes they have a plan to enable the resort to recover in the short term and be financially successful in the long term.
“Job one will be to focus on improving ski hill operations and facilities so that people will want to be here and so it can be profitable and sustainable. Without that focus there is no market for the associated real estate development,” says Johnston.
Baldy Capital Corporation received financial support from Community Futures Okanagan Similkameen and also has the blessing of the Osoyoos Indian Band.
“It’s important that Mount Baldy reopen since it’s a major winter attraction for both residents and visitors and it’s another driver for economic development and employment in the region,” says band chief Clarence Louie.
He ski resort is open Friday through Sunday this season. Only the Sugarlump quad chair and the Magic Carpet will be operating so the price of adult day passes is $29.
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