This website, which includes information on Whistler Blackcomb Renaissance, may contain certain forward-looking statements or information, within the meaning of applicable Canadian securities laws, which reflect the current view of the Whistler Blackcomb Holdings Inc. (“The Company”) with respect to future events, financial performance and economic impact. Forward-looking statements can often be identified by the use of forward-looking terminology such as “may”, “will”, “could”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “believe” or “continue” or the negatives of such terms or variations of them or similar terminology. All forward-looking statements made by the Company are based on the opinions and estimates of management as of the date such statements are made and represent management’s best judgment based on facts and assumptions that management considers reasonable, including expectations and assumptions concerning availability of capital resources, guest visitation patterns, ski visitations and non-ski visitations mix, its ability to successfully renew its Master Development Agreements (“MDAs”) and master plans in a timely manner and on commercially reasonable terms, economic and financial conditions, the success obtained in developing new facilities and activities and the performance of such facilities and activities. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information since no assurance can be given that they will prove to be correct. The forward-looking statements and information contained in this website include statements regarding: the estimated capital to be invested in Renaissance; the expected impact of Renaissance on the Company’s achievement of its vision; Renaissance further solidifying and enhancing the Company’s reputation as one of the world’s greatest truly four-season mountain resorts and building on its year-round appeal to all guests; the expected economic impact of Renaissance; the phases and associated components of Renaissance; the timing of completion of Renaissance and each of its phases (including the timing to open the Watershed to the public); the anticipated sources of financing for Renaissance and the Real Estate Projects; and potential risk management approaches, among others. These forward-looking statements and information are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated including, but not limited to, satisfaction of conditions precedent to the commencement and completion of Renaissance (not all of which are in the Company’s control), potential lack of availability of financing for the Real Estate Projects on terms satisfactory to the Company, unfavorable economic conditions, decreases in leisure and business travel, seasonality of operations, capital expenditures, currency fluctuations, reliance on agreements with the Province of British Columbia to operate the Resort Business, competition from other resorts, dependence on key employees and seasonal workforce, workforce risks (including labour for the construction of Renaissance), the impact of natural disasters, risks related to the credit facility and interest rate risks, adequacy of insurance coverage, litigation or governmental investigations, safety and accident risks, environmental laws and regulations, risks related to privacy laws and information technology, and risks relating to third party interests. A more detailed description of certain of these risks is available in the Company’s most recently filed annual information form and management’s discussion and analysis, which is available on the Company’s website and at www.sedar.com under the Company’s SEDAR profile.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements or information prove incorrect, actual results may vary materially from those described herein. Although the Company believes that the expectations reflected in such forward-looking statements and information are reasonable, undue reliance should not be placed on forward-looking statements or information because the Company can give no assurance that such expectations will prove to be correct.
These forward-looking statements and information are made as of the date of this press release, and the Company has no intention and assumes no obligation to update or revise any forward-looking statements or information to reflect new events or circumstances, except as required by applicable Canadian securities laws.
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