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

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Prince Edward Island News

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 …

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