The firm in control of almost 1,500 acres of Canmore development land has decided to abandon its plans to obtain a new area structure plan for the massive Three Sisters development.
Receiver PricewaterhouseCoopers (PwC) has instead been granted court backing to sell assets of Three Sisters Mountain Village in order to recover money owed to HSBC Bank, the primary secured creditor for the failed land developer.
PwC's proposed new development plan failed to win civic or public support.
from Western Investor September 2013
