Whistler Blackcomb Callaghan Valley. The British Columbia government paid $600 million for major upgrades to the Sea-to-Sky Highway, which carried the majority of visitors to the alpine sites. In 2006 Intrawest was purchased by the alternative asset management firm, Fortress Investment Group. Three weeks before the opening of the 2010 Olympics, Fortress failed to make payment on its loan used to buy out Intrawest. This caused its creditors to force Intrawest to divest itself of several of its resort holdings in 2009 and 2010 which included a partial sale of Whistler Blackcomb, in order to reduce its debt load. This was achieved
Whistler, British Columbia Winter Olympics. Garibaldi Lift Company was formed, shares were sold, and in 1966, Whistler Mountain opened to the public. Later, the town, then still known as Alta Lake, was offered the 1976 Winter Olympics after the selected host city Denver declined the games due to funding issues. Alta Lake "Whistler" declined as well, after elections ushered in a local government less enthusiastic about the Olympics. The 1976 Winter Olympics were ultimately held in Innsbruck, Austria. Whistler was the Host Mountain Resort of the Vancouver 2010 Winter Olympics and Paralympic Games, the first time the IOC has bestowed that designation on