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 Blackcomb to construct. On August 8, 2016, it was announced that Whistler Blackcomb Holdings, which owned 75% of the Whistler and Blackcomb partnerships, would be sold to Vail Resorts of Colorado for C$1.4 billion, which also saw the addition of the resort to the Epic Pass. In December 2017, Vail Resorts announced investment in a new 10-passenger Blackcomb Gondola for winter 2018-19. The new Gondola will replace the Wizard Express and Solar Coaster chairlifts, and will provide access to both Blackcomb and the award-winning Peak-2-Peak Gondola across to Whistler mountain. The new transportation method is part of a $66M infrastructure investment