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Posted: March 29, 2012

Jumbo Wild says it is sending a clear message

Wildsight/Jumbo Wild say possible funders for the estimated $1 billion Jumbo Glacier Resort Ltd. ski resort proposal heard a clear message when they visited last week.

Companie des Alpes (Euronext: CDA) and France Neige International visited the Jumbo Valley to consider the feasibility of investing in the Jumbo Glacier Resort last week, and representatives of the French ski conglomerate received a strong message during their visit to the Jumbo Valley, says a recently released Wildsight press release.

“The people of the Kootenays want to keep Jumbo Wild,” was the message delivered by a delegation of 80 residents as the prospective foreign investors toured the region.

Last week, the B.C. government approved the Master Development Agreement of the Jumbo Glacier Resort (JGR). The District of Invermere, Columbia River-Revelstoke MLA Norm Macdonald and the Ktunaxa Nation Council have all opposed the proposed development.

“Community opposition to the development remains very strong,” said Wildsight’s Robyn Duncan. “There is widespread disappointment that the government approved the Jumbo Glacier Resort in the face of overwhelming local opposition, scientifically demonstrated grizzly bear impacts and contrary to the Ktunaxa First Nation’s cultural values.  However, people remain confident that the proposed real estate development will not move forward,” she said.

“The Jumbo Resort will not be built. It’s a bad deal for the environment, for our communities and for any imprudent investors. The provincial government has been clear that developers would be responsible for all the infrastructure – including a $200 million dollar road through hazardous avalanche terrain,” Duncan said.

The approval of the Master Development Agreement includes over 100 conditions that have yet to be satisfactorily addressed by project proponents, the Wildsight release noted.

About Wildsight • www.Wildsight.ca
Wildsight works locally, regionally and globally to protect biodiversity and encourage sustainable communities in Canada’s Columbia and southern Rocky Mountain region. This area is internationally recognized as a keystone to conservation in western North America.

Above image: The area that would be approximately the centre of the proposed Jumbo Glacier village site.

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