Mount Baldy Ski Resort sold to new owners, reopening this winter

A group of B.C. investors has bought the troubled Mount Baldy Ski Resort in the South Okanagan and hope to breathe new life into the operation.

South Okanagan ski resort went into receivership in 2014 and hasn't been in operaton since

New owners hope to have Mount Baldy up and running again for this winter's ski season. (Mount Baldy Ski Corporaton)

A group of B.C. investors is hoping to revive the troubled Mount Baldy Ski Resort in the South Okanagan.

The alpine resort near Oliver, B.C. has been dormant the last two ski seasons after it went into receivership in December 2014, but yesterday the sale was approved in B.C. Supreme Court.

Joey O'Brien, the new managing director of Mount Baldy, says the goal is to get the ski lifts running again this winter.

"It's a fabulous business, and run correctly it's a very good business," said O'Brien. "The secret is you have got to know what you're doing."

O'Brien is the former president of Fortress Mountain in Alberta and the former owner of Ski Mattock in Nova Scotia.

"The tourism potential, the activities, the growth that's happening here in Osoyoos and the South Okanagan region is very strong," he said. 

O'Brien says a website with information on winter passes will be up and running by the middle of next month and that they'll be hiring 28 people for the upcoming ski season.

Last year a group from Calgary announced they would be taking over the ski hill but the deal fell through.

With files from Brady Strachan