Clublink

TWC Enterprises Limited
TWC
Public company
Traded as TSX: TWC
Founded King City, Ontario, Canada (1993 (1993))
Founder Bruce Simmonds
Headquarters King City, Ontario, Canada
Owner Tri-White Corporation
Website www.twcenterprises.ca

TWC Enterprises Limited (TSX: TWC) operates two businesses: ClubLink One Membership More Golf and WhitePass and Yukon Route. It is based in King City, Ontario, and is listed on the Toronto Stock Exchange (TSX) with the symbol "TWC".

ClubLink is the largest owner and operator of golf courses in Canada.[1] It is based in King City, Ontario. It was founded in 1993 by entrepreneur Bruce Simmonds.[2] Its headquarters is located at the King Valley Golf Club.[3]

ClubLink owns the White Pass and Yukon Route, a Canadian-American railway. In 2007, ClubLink was purchased by Tri-White Corporation, an investment firm run by K. Rai Sahi, an Indo-Canadian real estate entrepreneur.[4]

One of the major properties owned by the company (since 2005) is the Glen Abbey Golf Course.[5] It is home to the Golf Canada and the Canadian Golf Hall of Fame and has ahosted 25 Canadian Open Championships, more than any other course, with the first having been 1977. ClubLink Corp filed an application in October 2015[6] to redevelop the property into a residential community, with offices and retail stores. There was no provision for a golf course in the plan.[7] The Town of Oakville Council responded in August 2017 by declaring the golf course a heritage site under the Ontario Heritage Act. This would make it more difficult for ClubLink to develop the area as it had planned, with 3,222 housing units and 122,000 square feet of retail and commercial space.[8][9] Golf Canada was also concerned since it could not predict whether it could get the necessary permit to hold the Canadian Open at Glen Abbey in 2018.[10]

Notes

  1. ↑ Kendall 2010.
  2. ↑ Toronto Star 2008.
  3. ↑ TWC Enterprises: About the club.
  4. ↑ Thompson 2007.
  5. ↑ Passov, Joe (June 20, 2010). "Travelin' Joe's Guide to Canada Golf Courses". Golf.com. Retrieved 9 May 2012.
  6. ↑ https://beta.theglobeandmail.com/news/toronto/clublink-files-to-redevelop-glen-abbey-golf-club-into-residential-community/article27012533/
  7. ↑ Brian Milner (27 Oct 2015). "ClubLink files to redevelop Glen Abbey into residential community". The Globe and Mail. Retrieved 20 July 2016.
  8. ↑ https://beta.theglobeandmail.com/news/national/oakville-council-unanimously-votes-to-give-heritage-status-for-glen-abbey/article36053209/
  9. ↑ http://www.cbc.ca/news/canada/toronto/oakville-city-council-unanimously-votes-to-designate-glen-abbey-golf-course-a-heritage-site-1.4256733
  10. ↑ https://beta.theglobeandmail.com/news/national/heritage-designation-raises-questions-about-glen-abbeys-future/article36075968/

References

  • Kendall, Brian (2010). Northern Links. Random House. ISBN 9780385672795.
  • Thompson, Robert (6 July 2007). "It's his ClubLink now". Financial Post. Retrieved 26 April 2014.
  • "About the club". ClubLink Enterprises Limited. Retrieved 26 April 2014.
  • "Newsmakers: Resolve Shuffles Brass". Toronto Star. Torstar. 2008-12-02. Retrieved 2008-12-09.

Coordinates: 43°59′52″N 79°30′49″W / 43.9977°N 79.5136°W / 43.9977; -79.5136


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