OTTAWA — More than $5 million from the Cree Nation trust fund, James Bay Eeyou Corporation, is being invested in two hotel projects — one in Val-d’Or, Que. and another in Kanata near Ottawa, according to CBC News.
Abel Bosum, grand chief of the Grand Council of the Crees, says the Cree Nation government is looking at these investments as a way to help improve the way hotels in most of the Cree communities are run.
One of the hotel projects is a $12-million joint venture with the Tawich Development Corporation and MasterBUILT Hotels for an 84-room, three-star hotel set to open in April 2018 in Val-d’Or. This project will be a Microtel Inn and Suites under the Wyndham Hotel banner and will include a swimming pool, hot tub, sauna and waterslide.
The second project is planned for Kanata and is also a partnership with an established hotel chain. Details of this project are being finalized, but it will be a similar-sized family hotel located near Cabela’s Canada, a 70,000-sq.-ft. hunting, fishing and outdoor-gear supplier, which opened in Kanata last fall.