On June 1, the Supreme Court of British Columbia placed the Morningstar Golf Club into receivership and appointed G. Powroznik Group Inc of G. Force Group to take over the management of the club’s properties and assets.
The club, located in French Creek, near Parksville, formerly belonged to the McCracken family of the Canada North Group, which filed for bankruptcy last year. The Edmonton-based company, unable to make payments on a $21 million loan from Canadian Western Bank, was placed under court protection last December from creditors.
Since taking over, G-Force hired former Morningstar employees to assist them and are now working with them to help identify immediate improvements to the golf course and its operations that the former owners were not able to financially support.
Managing director Gary Powroznik stated in a press release, the objective is to provide a competitive quality golf experience for the public and members who will play at Morningstar this season.
“It’s been neglected a bit so we’re going to try and bring it back and eventually find a good buyer for it,” said Powroznik.
