Of government and golf courses: Mulroney’s East Coast experiment, 30 years later

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Ben Cowan-Dewar was a bright-eyed 25-year-old entrepreneur when he visited Inverness, N.S., and saw a jaw-dropping landscape fit for a luxury golf course.

Past the abandoned mines and hardscrabble edges of the Cape Breton village, he envisioned a boutique 18-hole course and upscale resort perched atop craggy cliffs.

“It was a magical day,” Cowan-Dewar said recalling his first impressions of the coastline. “There was a mile of ocean frontage that mirrored the great links courses of Scotland and Ireland.”

The trouble was money.

Finding capital is tricky for any entrepreneur. But banks are notoriously nervous about new ventures in rural regions _ even golf courses in picturesque locations destined to attract well-heeled golfers.

To help build Cabot Links……..READ MORE

SOURCEhttp://www.canadianbusiness.com
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