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Fortius Shutting Down

Reccos

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Oct 7, 2001
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There could have qualified with revenues down for the federal wage subsidy program but if you have no customers that doesn't work. It's firms that can operate (manufacturing) with a 30% or more drop in revenues that benefit from that program. There is also the $40K loan which business can keep $10K, if they pay the other $30K back.


Until full sports come back I suspect it's not viable. Not sure of the cost structure but if you have a CEO etc, that is not cheap.
 

Dude

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Jul 23, 2001
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It's a fantastic facility, right down to a high end restaurant / kitchen, and hotel amenities for travelling teams. I spent a lot of time there over a three year span as my son's cycling team was title sponsored by Fortius. He was there once / week in the offseason training, and while he was there, I'd be training in their indoor Power training studio. Saw @Gurps there all the time! This was Celebrini's vision, and yes, I hope it gets resurrected. @Regs, I think the overhead was simply too big. It is still relatively new, and I'm sure it was a big burner on financing costs. Too bad the Caps are already married to UBC. Bloody hell, you see them more often than not at Fortius anyways!
 

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