By Gagandeep Ghuman
Published: December 17, 2018
The proponents of an upcoming tourist attraction in Squamish are opening up investment to the community through equity crowdfunding.
Squamish Canyon, a new tourist attraction in town, launched its equity crowdfunding campaign on Canada’s largest investment crowdfunding platform, FrontFundr last week.
Those interested can invest from $250 on the platform.
“By using Canada’s largest investment crowdfunding campaign, Canadians can invest and be benefit from net revenues from Squamish Canyon,” said proponent Robin Sherry.
Sherry said the company won’t be able to do the entire project raise through the crowd equity funding.
However, such an initiative will allow the community to have a share in the project, benefit from its success, and be ambassadors of the project.
“It allows a local project to get started and keep the values and ethics of the company in place while it brings larger investors to the project,” he said.
Squamish Canyon is being projected as an year-round, all-weather experience where people will be ‘immersed in the natural beauty of the Mamquam River’ .
“At Squamish Canyon, you will be immersed in the natural beauty of the place named “Mother of Wind”, walking over waterfalls, along the edge of canyon walls, and through a majestic rainforest on boardwalks, bridges, and suspended walkways, an experience only a white water kayaker or climber could previously enjoy. Along the journey visitors will learn about local ecosystems, glacial water systems, outdoor safety, the history of the land and the First Nations of the area, as well as safety and conservation.”
Sherry said he would like the everyone in the community to be able to participate in the outdoors. Squamish Canyon hopes to be open to the public by the summer of 2019.
Ron Preston says
Do the funds invested go into a lawyer’s trust account?
Derek says
Why do we have to try and develop everything. Nature isn’t for everyone. If your not keen enough to walk into the Bush and explore yourself, I find it rediculas that we have to pave or develop all these beautiful spots.
Geri LoGiacco says
It is misleading to decsribe it as “a new ourist attraction in town” when it doesn’t exist. You are adding fuel to the hype.