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With debts mounting, Silver Fox board asks Summerside to buy the complex

Summary by CBC News

The City of Summerside says it's looking at whether purchasing the entertainment facility will be sustainable.

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With debts mounting, Silver Fox board asks Summerside to buy the complex #CDNNews #PEI #PEINews

The City of Summerside is looking into purchasing the Silver Fox Entertainment Complex as the facility deals with financial challenges. Summerside council voted Monday to continue with a fiscal review and due diligence before deciding whether it will save the popular facility on the city’s waterfront. The entertainment complex is about $400,000 in debt, according to the board that runs it. A representative told CBC News that the COVID-19 pande…

1 month ago

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