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 through a public offering of shares of Whistler Blackcomb Holdings Inc on the Toronto Stock Exchange in 2010. The net outcome of the reorganization is that Whistler Blackcomb Holdings is the managing partner and controls 75% of the partnerships which own the assets of Whistler Blackcomb. The remaining 25% of the partnerships are owned by Nippon Cable. Intrawest sold its remaining 24% stake in Whistler Blackcomb to KSL Capital Partners in 2012. Summer 2010 had two lift construction projects at Creekside Base, site of skiing at Vancouver 2010. The Timing Flats Express, used for passenger transport for the games, was