Скачать или смотреть The transformation of the Bearspaw Golf Club from its near collapse

Six years ago, Bearspaw Golf Club was on the verge of disappearing from Calgary’s landscape—another casualty of financial uncertainty.

But recently, the club announced a move few would have predicted back then: Bearspaw will go fully private on January 1, 2026. It's a defining milestone in a comeback story that speaks volumes about reinvention, resilience, and how Calgary communities can rally together to build something better than before.

Since reopening under new ownership in 2020, Bearspaw has done more than just recover. It has flourished. The club has become a magnet for young Calgary families, invested in a 30,000-square-foot modern clubhouse, and built a vibrant culture rooted in warmth, accessibility, and love of the game. With the Stoney Trail ring road now in place, it’s easier than ever to access—and families from all over the city and surrounding rural communities have taken notice.

Alan Norris, former Managing Partner of Brookfield Real Estate Group, and Andrew Melton, former CEO of Melcor REIT, are part-owners of the Bearspaw Golf Club and discuss in this video the transformation.

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Mario Toneguzzi is Managing Editor of Canada’s Entrepreneur. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 and 2024 as one of the top business journalists in the world by PR News. He was also named by RETHINK to its global list of Top Retail Experts 2024 and 2025.