This is such a shame, although I haven't been in a few years this is the place where I essentially learned to ski. The hills and the area in general was smaller than a lot of their competition but it had a nice atmosphere and is upsetting none the less. I wonder if anyone will buy them out, I knew they were going through financial problems before.
http://www.simcoe.com/simcoe/article/970128
http://www.simcoe.com/simcoe/article/970128