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

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 pandemic hurt the facility, while the 2023 Canada Games failed to draw enough revenue. That same year, a fire destroyed the complex’s kitchen. 

The Silver Fox is home to six sheets of curling ice, a fully equipped marina, a restaurant, an entertainment centre, and banquet and meeting facilities.

“We don’t have a lot of choices,” said Bill Martin, a frequent curler and volunteer at the Silver Fox. 

“If the city does not take over this facility for the existing debt… it …