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 first summer operation day was June 6, 2009. As Whistler Blackcomb continued to win awards – eight consecutive by 2000 – the resort formed the basis of a renewed Olympics bid, this time for the 2010 Winter Olympics. Calgary also bid for the Canadian entry, as their equipment from the 1988 Winter Olympics was already in place and allowed them to offer a low-cost bid, as did Quebec City, which lost the 2002 bid. Calgary was eliminated in close voting on November 21, 1998, and Vancouver-Whistler won the second round of voting on December 3. In IOC voting Pyeongchang, South