Mount Timothy has been put up for sale. The resort had several struggles last season, including losing a quarter of their revenue in a ten-day period. File photo.

Struggling local ski resort in South Cariboo up for sale

The sale would go to paying off existing debt

Mount Timothy, the South Cariboo’s ski area, has been put up for sale by its board of directors.

“There’s been no response to our listing on the Canada West Ski Area Association (CWSAA) but if we did get a response we would have to take it to the membership generally to see if they were in favour of doing that,” said Michael Kidston, president of the Mount Timothy Ski Society. “We thought we might as well see if there is an interest in somebody who has the cash to move it ahead.”

The ad for its sale at an undisclosed price has been posted to the CWSAA’s website since June 8 but has yet to receive much interest.

A realtor has been in touch with the society according to the president, looking for more details on the potential sale. If the mountain is still up for sale when the skiing season starts it will operate if the society can gather the funds to allow it, however, Kidston said this has not been determined yet.

“I guess if somebody bought it that would mean the hill would stay open and if we don’t find some funding it probably mean’s it won’t,” said Kidston.

In an earlier story published by the Free Press, the president said the society would need to collect roughly $100,000 by October just to open. That would also include cost-cutting measures such as the mountain’s t-bars and an outdated ten-year-old groomer left out of operation last season.

RELATED: Mount Timothy under threat of permanent closure

The proceeds of the sale would all go into paying off the Ski Society’s existing debt.

Kidston did confirm they secured some financing to help pay off some existing bills to help get things under control. The resort has struggled lately after a lack of snowfall held them to a late start in 2017 before a chairlift was struck by lightning costing them hefty reports.

Earlier this year, the society approached local politicians in the Cariboo to help secure funding for the upcoming season as the future looked bleak for the mountain, especially as the aforementioned struggles cost the mountain over a quarter of its revenue.

Two carpet lifts also need to be retrofitted with a new safety switch, which costs roughly $12,000 to complete and inspected before Oct. 15, 2018.

The society was looking for funding through regional recreation taxes through a referendum.

“We haven’t had any correspondence from them on that but we would have hoped to by now,” said Kidston.


Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

South Cariboo students talk about dealing with isolation

‘I am afraid I will run out of things to do’

100 Mile grandmother spreads love and kindness with window hearts

‘I thought maybe it’s time to get a little creative’

CN suspending service between Williams Lake and Squamish, effective April 3

Rail traffic north of Williams Lake will be routed to Vancouver through Prince George and Kamloops

Facebook group founded to help truckers find places to eat during COVID-19 Pandemic

Restaurants Serving Drivers in Western Canada seeks to provide a list of places open for drivers

COVID-19: Interior Health orders closure of all fitness centres until May 30

The order is subject to revision, cancellation, or extension

From inside the ER: B.C. doctor tells it like it is from the frontlines of COVID-19

‘Stay home. It’s working,’ says ER doctor in a Q&A discussion, ‘And please don’t worry.’

Dogs are property, not kids, B.C. judge tells former couple

Court decision made on competing lawsuits over Zeus and Aurora — a pit bull and pit bull cross

B.C. senior gives blood for 200th time, has ‘saved’ 600 lives

There was no cutting of cake for Harvey Rempel but he’s challenging youth to start donating blood

Trudeau commits $100M to help food banks amid COVID-19 crisis

Funds will help ‘urgent food needs’ for Canadians awaiting federal emergency benefits to kick in

Couple won’t self-isolate after returning from overseas: Cowichan by-law

New law requires 14 days of self-isolation when returning to Canada

How well can cell phones carry COVID-19? Disinfecting may be wise

‘You want to keep it as clean as you would normally your hands’

3M pushes back on Trump administration call to stop sending N95 masks to Canada

3M says it has already been turning out as many of the N95 masks as possible

B.C. health care workers gain access to virtual health care options

During COVID-19 many clinics have closed, leaving health care workers with nowhere to turn

Most Read