photo: looking out from the beach

When, in July 2025, the Town of Qualicum Beach announced the conditional purchase of the Eaglecrest Golf Course lands, subject to public consultation, I took them at their word.


I thought I would have an opportunity to learn about the deal, weigh the benefits and risks, and decide whether I thought it should go ahead. By then, we had lived in Qualicum Beach for close to five years. We had built a house. Our child and grandchild lived here, the paramount reason we had chosen this charming town in the first place, and I had begun to form a community of my own.

This was the smallest place I had ever lived. Tiny, compared with Rio de Janeiro, where I was born, or most of the places I had lived since. That was part of its appeal.


A town this size seemed small enough that people could come together and actually solve things. How do we live well as we grow old? How do we keep our brains active? How do we continue to learn, contribute and take care of one another?


These are big questions. A small town seemed like an interesting place to work on them.

Ever the policy nerd, I threw myself heart and soul into the Eaglecrest process. I wrote to council. I went to the public consultation and council meetings. I talked to as many people as I could. And I did what I have been trained to do as an economist, data analyst and policy adviser: I devoured every piece of information I could get my hands on.

What I found astounded me. Or, more accurately, what I didn't find.

I found a sales pitch for what we were repeatedly told was a "once-in-a-generation opportunity." I didn't find meaningful data on the demand for another golf course or more parkland. I didn't find a serious assessment of the financial risks. I didn't find much consideration of what committing millions to this project would mean for everything else the Town might want or need to do. Most of all, I couldn't see the larger vision. I asked many questions. The answers left me with even more questions.


The little I could see pointed to a financial gamble that could dominate Town Hall for years.


Money is only part of that. Council attention, staff time and political energy are finite too. Once committed here, they aren't available somewhere else.

The deal went through. I went to work.

I took courses in municipal development and law. I read budgets, bylaws, council minutes, staff reports, financial plans, land documents and legislation. I filed freedom-of-information requests. And I started thinking about the next opportunity citizens would have to influence the direction of the town: the October 2026 municipal election. I am not suited for public office. It just isn't my thing. But I have spent much of the past two decades thinking about how to organize complicated information and make it understandable. So I gathered an extraordinary team, people I have worked with on many projects, and we set out to tell this story.

This project is the result.

It is independently funded: I paid for it myself, through my company, TheHesterView. No political party, candidate, developer, or outside business or advocacy organization paid for it. The numbers and documents come from the Town's own records and other public sources, obtained through freedom-of-information requests where necessary. Where information was missing, we went looking for it. Where something is our interpretation, we make that clear.


My objective is simple: to give the people who live here enough information to make up their own minds about what happened, what it means, and what they want from the people they elect next.


There is a larger question too. British Columbia gives municipalities considerable power over public money, land and development, with remarkably little outside scrutiny of how that power is exercised. Eaglecrest is one small-town story. I don't think the questions it raises are small-town questions.

That is why we built this.

Town Hall Math / The Story

photo: the town centre

This story is about a golf course.

And about public money, public process, and public trust.

It is also about how decisions get made in a small B.C. municipality, what passes for public consultation and due diligence, and ultimately, whether citizens have enough information to judge those decisions and vote accordingly.

photo: aerial view of the Eaglecrest golf course

In 2025, the Town of Qualicum Beach bought a nine-hole golf course in disrepair for $8.5M, after telling residents the purchase was "subject to public consultation, technical assessments and due diligence," and that funding it through land sales was "intended to avoid any tax impact."

Less than a year later, it has become a $21.2 million project.

photo: the beach, the people

The Town did not need to hold a referendum, and it did not hold one. Before the purchase was finalized, the Town had rezoned the land, committed millions from its reserves, taken on the redesign of the golf course and begun planning a major development. None of the due diligence reports were made public.

I wanted to understand how that happened.

photo: stacked records and binders

This site puts what residents were told alongside what the Town actually did.

It follows the money.

Meanwhile, in B.C., the one independent office created specifically to audit how local governments spend, the Auditor General for Local Government, was closed in 2021.

Nothing in this story required extraordinary powers. It happened through the ordinary workings of municipal government.

If it can happen here, where else is it happening?

Everything you are about to see comes from the Town's own records: what it said, what it did, and when it happened.

public at the time
known only later
Apr 19, 2023
Owners' agent contacts staff; Council explores purchase in camera
Mar 28, 2024
Council endorses a purchase agreement (the first offer on record)
July 16, 2025
Purchase announced: $8.5M
Aug 20, 2025
Building assessment received, never published
Oct 22, 2025
Land rezoned for housing
Dec 1, 2025
Sale closes
Apr 1, 2026
Budget adopted: $20.7M
Apr 15, 2026
Closed session raises target to $21.2M
Jun 24, 2026
$21.2M made public

Town Hall Math / Purchase

The Town paid $8.5M for the property: $6.5M from its own reserves and a $2.1M donation. Only $5.3M is scheduled to be replenished.

BBBBBCCCCCDDDA

This is what $8.5 million bought. 105 acres in the middle of Eaglecrest.
Nine holes still in play.
Another nine, closed since 2021 and left to deteriorate.
And five parcels, 9.7 acres in all, that the Town rezoned for housing six weeks before the sale closed.

If you find the numbers hard to follow, you are not alone.

Every time the Town issued a new budget, financial plan, or presentation, the numbers changed. It is dizzying.

That is why every figure on this site is tied to the Town document it comes from.

From

Scheduled Back

Land / Property Reserve Fund — $1.2M
Park Land Reserve Fund — $0.28M
Strategic Initiatives Reserve — $0.4M
Community Amenity Contributions — $0.65M
General Fund surplus — $1.28M
Growing Communities Fund (provincial grant, reallocated) — $2M
Development Cost Charges – Open Spaces — $0.7M
Land/Property Reserve Fund — $1.2M
Park Land Reserve Fund — $0.28M
Strategic Initiatives Reserve — $0.54M
Affordable Housing Reserve — $0.45M
Asset Investment Reserve — $2.8M
Not scheduled for repayment — $1.23M
  • disclosed & scheduled to return
  • source not named to residents beforehand
  • $10k =
  • $100k =
Data Source

The Town said land sales would repay the reserves in full by 2027. The Town called it "self-funded." The money came from seven funds.

Four months after the purchase, a repayment plan was revealed in the April 2026 budget. Only three of the seven funds are scheduled to be repaid: Land/Property, Park Land, and Strategic Initiatives.

The April 2026 budget had another revelation: money from the Affordable Housing Reserve was used to buy a golf course. The fund was emptied in 2025 and never named as a funding source. The budget schedules $450,000 to repay it in 2027 and 2028, labelled Eaglecrest.

Also, over half the repayment, $2.8 million, goes to the Asset Investment Reserve, a fund that was not used for the purchase. No explanation has been offered.

The promise: no cost to taxpayers, reserves repaid in full by 2027.

The facts: $1.2 million is not scheduled to come back. The rest waits until 2027 and 2028.

Town Hall Math / Due Diligence

Residents were consulted on an $8.5 million purchase. The project is now $21.2 million.

Communicated project budget

Reported

July 23, 2025

$8.5M

Purchase & due diligence ($2.1M donation, announced later) — $8.5M
  • $10k =
  • $250k =
Data Source

In July 2025, we were told that the project was to buy the golf course and sell the land to pay for the purchase. $8.5 million for the land, part of it later covered by a private donation. Beyond that, the Town said it would find a private operator and step back, acting only as landlord.

Meanwhile, in August 2025 the Town received a 95-page assessment of the property. The buildings were in disrepair, with repair estimates ranging from $430K to $850K, and the report warned that some costs could run five to ten times higher. The report was not published. The purchase price did not change.

The April 1, 2026 budget revealed more. In addition to preparing the lands for sale, the Town had taken on the redesign of the golf course, upgrades to its facilities, and a list of neighbourhood projects: roads, storm drainage, a water main. The new budget stood at $20.7M.

On June 24, we learned that the project was now at $21.2M. The revelation: the decision had been taken on April 15, in a closed session.

The Town had cut the ribbon on the new clubhouse restaurant on June 3, three weeks before it approved the funds for the building.

The golf course work alone had grown to a staggering $4.9M, all of it borne by the Town: course reconfiguration, $2.6M and course rehabilitation, $2.3M. The amendment also added a $1M "project contingency." It does not say what for. By July 2026, the Town's budget noted that staff anticipate spending part of the contingency in 2026 on golf course grow-in and maintenance. If it all goes there, the course bill reaches $5.9M.

All in all, the work beyond the purchase now reaches $12.6M, nearly one and a half times the price of the purchase itself. All of it set to be recovered from land sales.

The Town reported the June increase as $0.5M. But at the same time, it moved $2.86M of Eaglecrest utility work (a storm main and a water main) off the project's books, into the Town's regular budget. Still the same work. Still Town's money.

The real increase in one amendment: nearly $3.4M.

Expenditure & repayment timeline

As of June 24, 2026

2026 Golf course improvements & Land servicing costs $6.7M
2027 onwards Neighbourhood improvements $5.9M
Reserve repayment #1 $2.6M
2028 Reserve repayment #2 $2.6M

The spending comes first. The money comes later. The Town is paying for the golf course work right now, out of its own accounts, while the land sales meant to repay it run through 2028. B.C. law requires town budgets to balance. Every dollar spent here is a dollar not available for something else. If the Town can't make up the difference, will taxes need to go up?

Town Hall Math / Land Sales

This is the land that has to raise $17,841,600, or $19,074,800. Both figures are the Town's, from the same day.

BBBBBCCCCCDDDA

Eighteen acres are for sale. Half came with the golf course purchase (C); these are the land sales the "self-funded" promise depends on. The other half (D) was land the Town already owned. Selling either raises money. But selling land you already owned is not self-funding; it is selling town assets to pay for the golf course.

As a golf course, the land could not raise the millions the purchase needs. Rezoned for housing, it could. Before the deal closed, the Town rezoned it in five weeks, and the appraised value went from $3.41M to $12.98M. The price of the plan is more homes in Eaglecrest: the value comes from the density. The neighbourhood changes with it.

Rising land sales expectations

Communicated projected land sales by date

$2M
$4M
$6M
$8M
$10M
$12M
$14M
$16M
$18M

Communicated date

July 23, 2025

reserves to be repaid from land sales

$6.5M

Apr 1, 2026

$17.1M

Jun 24, 2026

$17.8M

Jun 24 Council presentation

$19M

Jul 23, 2025 — $6.5M
Apr 1, 2026 — $10.62M
Jun 24, 2026 — $0.72M
Jun 24 Council presentation — $1.23M
  • $10k =
  • $250k =
Data Source

The starting number was set by the purchase itself. $6.5M of reserve money went out, to come back from land sales. By June 2026 the land sales were carrying far more than the purchase: $12.6M of new work on the course and the neighbourhood, plus a partial repayment of the reserves. The land now has to raise $19M.

Projected land sales by year

June 24, 2026 Budget Amendment - Bylaw 921.01

2026

$6.8M from parcels acquired in the golf course purchase and from pre-owned Town parcels

2027

$5.5M from parcels acquired in the golf course purchase and from pre-owned Town parcels

2028

$5.5M from parcels acquired in the golf course purchase and from pre-owned Town parcels

The land has to raise money every year for three years, and 2026's share has doubled: from $3.2M in the April budget to $6.8M in the June amendment, to pay for golf course work already under way. None of it repays the reserves; that starts a year later than promised.

And the Town's two numbers don't match. The presentation told residents $19M. The budget books $17.8M. The missing $1.2M equals, to the dollar, the money that is never scheduled to be repaid.

As of September 18, 2026, the Town's public records show no completed Eaglecrest land sales.

Town Hall Math / Parkland

Forty Acres of Parkland,
Protected Forever.

photo: aerial view of the coastline and Eaglecrest lands
map: the parklands parcels

The donation requires that roughly 40 acres can never be developed. The donation allows for maintenance, yet it says nothing about who pays for its upkeep.

photo: the parkland, mown grass

The promise is "forested parkland with walking trails and habitat restoration." Those are the Town's words from July 2025. The reality is forty acres of grass. The budget sets aside $1M for park improvements in Eaglecrest (2027 and 2028). The public record holds no plan for the forest, the trails, or the restoration.

Is the Town about to spend $1M without a plan?

Whether the land stays grass or becomes forest, maintaining it never ends.

photo: the parkland with tree line and path
photo: aerial view of the neighbourhood and parkland

Qualicum Beach owns nearly 700 acres of parks. A plan to survey them and set priorities for their care, the Park Inventory Prioritization Plan, was on the books. In the same report that approved the Eaglecrest purchase, the Town pushed that plan back to 2029, by its own account to free staff for the purchase. The purchase then added forty more acres. Their care, so far, is a mowing contract.

Town Hall Math / Insights

The Deal of a Lifetime?

The Town paid $8.5M for the golf course. Before closing, the Town had rezoned the land, and its appraised value rose to $12.98M.

Under federal tax law, a municipality can issue tax receipts. And if you sell land to a town for less than its appraised value, the difference can count as a charitable gift. Here, the $4.48M gap between the purchase price and the new appraisal became a donation to the Town, and a $4.48M tax receipt for the seller. A June 2025 in camera report confirms this was planned from the get go.

The seller walked away from a property in disrepair, with $8.5M in hand and a $4.48M tax receipt. The Town kept the costs and the risk.

illustration: the receipt

What We Gave Up

To pay for the golf course, the Town put its own plans for community improvements on a waiting list. More than thirty initiatives, $1.1M of scheduled work, each pushed back a year, "or until the Strategic Initiatives Reserve is replenished from subsequent property sales."

Plans for the fire department, affordable housing and a seniors centre were put on hold, in a town where more than half of residents are over 65. The purchase of a second Town-owned golf course was not.

Deferred projects include:

• The Fire Department Strategic Plan
• The Park Inventory Prioritization Plan
• The Urban Forest Master Plan
• Ravensbourne Affordable Housing
• And, the expansion of the Seniors Activity Centre

photo: the Commons community

…For Generations to Come

The Qualicum Commons is the former elementary school, owned by the school district and run as a community centre. It holds two daycares, education for neurodiverse children, an occupational therapist, a dance studio. When the Town took on its lease in 2025, the Mayor said it set the stage for the Commons "to thrive as a community space for generations to come."

Nine months later, the Commons needed $1.5M to $2M in repairs, and the Mayor said the Town couldn't "absorb the long-term capital and operational costs." The stated reason: the Town does not own the building; the school district does. Meanwhile, the Town bought Eaglecrest and turned it into a $21.2M project. The community space for generations to come got one more year on its lease.

What Happened to One Operator, One Contract?

In September 2025, before it owned the land, the Town asked for a single tenant to run it all: golf operations, clubhouse, restaurant, pro shop, grounds. One five-year lease, starting that December. The Town would step back and be the landlord.

The Town ran the competition and chose a winner. But instead of one lease, the deals came one by one, mostly behind closed doors.

The winner got the restaurant: the tenant put in at least $120K, the Town put in $180K on the renovation. The clubhouse itself was rebuilt by the Town, whose budget carries a $2.3M line for rehabilitating its Eaglecrest buildings and equipment.

The same party also got an interim mowing contract that pays $32K a month, while the course rebuild became a Town-led and funded project.

Interestingly, the restaurant lease reveals what was intended all along: the same tenant would take on the golf course. If no course lease was signed by July 1, 2026, the restaurant lease would end, and the Town would buy back the tenant's improvements.

July 1 has passed. As of September 16, 2026, no golf course lease has appeared in the public record.

The Course the Town Already Owns

The Town's own budget counts six golf courses in and around Qualicum Beach. Two of them now belong to the Town, and they are ten minutes apart.

Memorial, bought in 1981 for just over $1M, about $3.4M in today's dollars, is run by a not-for-profit society under a lease. That was the design from the start. A centenary history of golf in Qualicum Beach records the reasoning of the Mayor of the day: if the Village bought the course, it would not manage it; the golfers would run it themselves.

When the Town spends money there, the lease says how it comes back. It has spent $2,675,000 on the clubhouse, the maintenance facility and a bridge. Most of that the club repays: $85,000 a year, on top of $76,000 in rent, with more than $1M still owed.

Contrast Eaglecrest: an $8.5M purchase, plus $4.9M of golf course work, or even $5.9M if the contingency is spent on this work. Recovery rests on land sales alone. And there is no public record of any assessment of what adding a second Town-owned golf course, ten minutes away, does to the first.

photo: the golf course from above

Billions Are Coming. Who's Watching?

In 2023, the Province gave Qualicum Beach $3.3M from its Growing Communities Fund, money meant for infrastructure and amenities to support housing. The Town put $2.1M of it into the golf course purchase, the grant's largest single use. By the end of 2025, the fund was down to $42K. The Town's own budget describes the money as "reallocated in 2025 to fund the purchase of Eaglecrest Golf Course."

None of this required the Province's approval. The grant's financial reporting requirement is a schedule in the Town's audited financial statements. There is no banner at Eaglecrest crediting the fund. And the office that once audited how B.C. municipalities spend, the Auditor General for Local Government, closed in 2021. If anyone in Victoria is watching, nothing shows it.

Now far bigger money is coming. In 2026, Ottawa launched the Build Communities Strong Fund: $51B over ten years for public infrastructure. In June, Ottawa and Victoria announced more than $5B of it for B.C.'s local infrastructure over the next decade. Part of that is the old federal Gas Tax fund under a new name, about $3.6B, flowing automatically to municipalities year after year. Nearly $1.6B is new money for housing-enabling infrastructure, matched by the Province.

If money can be this easily reallocated, what happens when the billions start flowing?

If it can happen here, where else is it happening?

This is the record.

What happens on October 17 is your choice.

Town Hall Math / Fine Print

photo: looking out from the beach

About this Page

This is where the site shows its work. Every figure and quotation on this site is tied to a named document. This page holds those sources, organized tab by tab, along with the records we obtained through freedom of information, published here as released, redactions intact.

Town documents are cited by meeting date, document title and page, and can be found in the Town of Qualicum Beach's council agenda archive, on its website by bylaw number, and in its annual reports. Documents marked as obtained through freedom of information were not published by the Town; they are published here.


Independence and Authorization

This project is independently funded. I paid for it myself, through my company, TheHesterView. No political party, candidate, developer, or outside business or advocacy organization paid for it.
Authorized by TheHesterView Inc., registered sponsor under LECFA. [email protected]


The Team

This site was built by a small team who have worked together on many projects. Without their commitment and support at every step of the way, I could not have done this. They are the absolute best in their fields, and they have my sincere gratitude.

Visualization Design: Jagoda Walny, Walnix Interactive Inc. • Development: Eugene Chen, ideaowl Labs, and Simon Nix, Walnix Interactive Inc. • Graphic Design: Tetro Design • Story & Concept: Annette Hester, TheHesterView
Photography by Jen Wynia, Wynd Media and licensed sources

With gratitude to Environics Analytics whose data helped us understand the Qualicum Beach electorate and made a meaningful contribution to the design team's work.


The Letter

Before any of this, I wrote to council. The questions came first. The site came after the answers didn't.

Read the letter as sent, September 11, 2025 (PDF).

Read the follow-up, October 2, 2025 (PDF).


Sources

Every claim, matched to its document. Organized in the order of the site: Home, Story, Purchase, Due Diligence, Land Sales, Parkland, Insights. Totals marked "our sum" or "our arithmetic" are calculated from the Town's own figures; every other figure is as the document states it. No links; documents are named so they can be found.

Home

Town of Qualicum Beach, media release, July 16, 2025, "Town Moves Toward Landmark Land Purchase of Eaglecrest Golf Course": the purchase announced, "subject to public consultation, technical assessments and due diligence"; the Mayor's "once-in-a-generation opportunity"

Staff report, Conditional Purchase Eaglecrest Golf Course Lands, July 23, 2025, p. 3: same wording

Town of Qualicum Beach website, Eaglecrest Golf Course Purchase & Zoning project page: "once-in-a-generation opportunity," in the Town's own words

Local General Election, British Columbia, October 17, 2026

Story

Town of Qualicum Beach, media release, July 16, 2025; staff report, July 23, 2025, p. 3: "subject to public consultation, technical assessments and due diligence"

Town of Qualicum Beach, Eaglecrest Golf Course Lands FAQ, October 2025, p. 5: "intended to avoid any tax impact"

Pacific West Building Inspections, Property Condition Assessment, Report 6861-2025, August 20, 2025 (obtained through FOI-2026-33): the course and buildings in disrepair

Request for Proposals, Eaglecrest Golf Course Operations, September 19, 2025, p. 2: nine-hole course

Staff report, July 23, 2025, Recommendations 1 and 2: $8.5M

Financial Plan Amendment Bylaw 921.01, June 24, 2026: $21,199,800

Community Charter, s. 180(1) and s. 84: elector approval required for a loan authorization bylaw

Town FAQ, October 2025, p. 2: no referendum because the Town was not borrowing

Bylaw 921.02, Schedule A: Proceeds of Debt, 2026, nil

Zoning Amendment Bylaw 900.06 and OCP Amendment Bylaw 800.08: first and second readings September 17, 2025; adopted October 22, 2025

Staff report, July 23, 2025, Recommendation 2: reserves committed

Operations RFP, September 19, 2025, s. 3.5 and Appendix B: course reconfiguration under way

None of the due diligence reports were made public: the Property Condition Assessment was obtained only through freedom of information (FOI-2026-33); the Town's project page lists its studies as complete and publishes none

Province of British Columbia, Local Government System Organizations page: Auditor General for Local Government, operations ceased March 2021

Timeline, April 19, 2023: memo for the closed Council meeting, pp. 1 to 3 (FOI-2026-42); Town email on request 2026-42, September 16, 2026: earliest record located

Timeline, March 28, 2024: closed-meeting report, p. 15 (FOI-2026-42)

Timeline, July 16, 2025: media release

Timeline, August 20, 2025: Property Condition Assessment (FOI-2026-33)

Timeline, October 22, 2025: Bylaws 900.06 and 800.08 adopted

Timeline, December 1, 2025: Land Title Office, title CB2488888, application received December 1, 2025; Official Donation Receipt #111, donation received December 1, 2025 (FOI-2026-38)

Timeline, April 1, 2026: 2026-2030 Financial Plan, Bylaw 921; $20.7M is the Town's $20,683,000 (staff report, June 24, 2026, funding table) and $20,688,000 (same report, Recommendation 1(a))

Timeline, April 15, 2026: closed-meeting motion released under s. 117, Regular Council Agenda, June 24, 2026, Item 9(1)d, p. 239

Timeline, June 24, 2026: staff report and Bylaw 921.01

Purchase

Staff report, Conditional Purchase Eaglecrest Golf Course Lands, Funding Allocations, July 23, 2025, Recommendations 1 and 2: the seven funds and amounts, as authorized

2025 Audited Financial Statements, p. 23: the $8,500,000 acquisition and the $2,125,000 cash donation

Staff report, 2025 to 2029 Financial Plan Amendment Bylaw 908.01, October 22, 2025, Recommendations 2 and 3 and Attachment 2: the $125,000 and $200,000 lines; the $8.82 million

Financial Plan Amendment Bylaw 908.01, adopted October 27, 2025

Cunningham & Rivard Appraisals, Report CR24-18812, p. 1 (obtained through FOI-2026-37): 105 acres (42.44 ha)

Same report, p. 30; Property Condition Assessment, Report 6861-2025: nine holes in play, nine closed since 2021

Bylaws 900.06 and 800.08, adopted October 22, 2025; staff report, September 17, 2025: five parcels, 9.7 acres, rezoned

Land Title Office, title CB2488888, application received December 1, 2025; Official Donation Receipt #111 (FOI-2026-38): sale closed December 1, 2025

Staff report, October 22, 2025, pp. 2 and 6: reserves to be repaid 50% in 2026 and 50% in 2027, "Council's stated intention (though not adopted by resolution)"

Council presentation, June 24, 2026, slide 3: "self-funded"

2026-2030 Financial Plan, adopted April 1, 2026, pp. 44, 46, 47: Repayment of Eaglecrest lines by reserve, 2027 and 2028; $5,266,800 is our sum of the ten lines

2025 Audited Financial Statements, Note 11, p. 19: Affordable Housing Reserve $450,000 in 2024, nil in 2025

Staff report, July 23, 2025: the Affordable Housing Reserve and the Asset Investment Reserve named in neither resolution

Town of Qualicum Beach, response of June 8, 2026 to an informal request: the Town's account that the $450,000 sat within the $650,000 Community Amenity Contributions line

No explanation has been offered for the $2.8M to the Asset Investment Reserve: none appears in the July 23, 2025 report, the October 22, 2025 report, the 2026-2030 Financial Plan or the June 24, 2026 amendment package

Open house presentation, September 9, 2025, slide 8: "does not increase costs for taxpayers"

$1.2 million not scheduled to come back: $6,500,000 less $5,266,800, $1,233,200, our arithmetic

The $6.5M is the sum of the seven Town funds Council authorized for the purchase on July 23, 2025. The Town has not published a reconciliation of the purchase by fund; the audited 2025 statements record the $8,500,000 acquisition and the $2,125,000 cash donation without itemizing the sources. The seven-fund figures on this page are the amounts as authorized. The seven funds and the donation add up to $8,625,000, which is $125,000 more than the price. The Town's amended 2025 budget for Eaglecrest was $8.82 million: the purchase, plus $125,000 for due diligence and legal and engineering costs and $200,000 for servicing, both to be paid from future land sales. The Town has not shown how the named sources map to that budget.

Due Diligence

Staff report, July 23, 2025: $8.5M, the purchase and the land-sales plan

Donation Agreement, September 26, 2025: the $2,125,000 donation, announced after July

Town FAQ, October 2025, p. 4: the Town to lease the course to a third-party operator

Pacific West Building Inspections, Property Condition Assessment, Report 6861-2025, inspected August 6, delivered August 20, 2025 (obtained through FOI-2026-33, final release August 19, 2026; not published by the Town): 95 pages, the Town's letter states 98; repair estimates $433,827 to $848,626; s. 10.9.1, costs "5 to 10 times more"

2026-2030 Financial Plan, adopted April 1, 2026: the April budget

Staff report, June 24, 2026, Figure 1: the April total, $20,683,000 (funding table) and $20,688,000 (Recommendation 1(a)); the June lines

Regular Council Agenda, June 24, 2026, Item 9(1)d, p. 239: the April 15, 2026 closed-meeting motion, released under s. 117

Town news release, "Eaglecrest Golf Course Restaurant Re-Opens," June 2026: the ribbon cutting, June 3, 2026

Council presentation, June 24, 2026, slides 5 and 11: "Project Contingency"; slide 12: $12,574,800 funded from land sales

$4.9M: our sum of reconfiguration $2,600,000 and rehabilitation $2,300,000; $5.9M adds the contingency, $1,004,800

Eaglecrest Project FAQ, September 14, 2026, published by the Town, "Eaglecrest Project Budget as of July, 2026" table: total approved by Council as of July 15, 2026, $15,329,800; contingency $1,004,800, with the Town's note that staff anticipate "a partial spend of the Contingency in 2026 for Golf Course Grow-in and Maintenance"

Same table: course rehabilitation itemized as clubhouse rehabilitation $600,000, equipment purchase and repair $900,000, and a maintenance building and rainwater capture system $800,000, the last marked a placeholder for a future Council decision

$24.1M, $0.5M, nearly $3.4M: our arithmetic from Figure 1 ($21,199,800 plus $2,863,000; $21,199,800 less $20,683,000; $516,800 plus $2,863,000)

Staff report, June 24, 2026, p. 2 and Figure 1: storm main and watermain moved to "Asset Management Reserves"

Timeline, 2026, $6.7M: our sum of the four 2026 lines in Figure 1 (reconfiguration, rehabilitation, contingency, servicing), $6,704,800; Figure 1 places the full contingency in 2026, while the July 2026 table anticipates part of it being spent that year

Timeline, 2027 onward, $5.87M: our sum of the traffic, park, drainage and pedestrian lines in Figure 1; the plan spreads them across 2027 and 2028 (pp. 137, 139, 143)

2026-2030 Financial Plan, pp. 44, 46, 47: reserve repayments, 2027 and 2028

Community Charter, s. 165(5): a municipality's proposed expenditures may not exceed its proposed funding sources

Land Sales

Council presentation, June 24, 2026, slide 14, Projected Funding Sources: Land Sales $19,074,800

Amendment Bylaw 921.01, Schedule A, June 24, 2026: Proceeds from Sale of Assets, 2026 $6,824,800; 2027 $5,483,400; 2028 $5,533,400; $17,841,600 is our sum

The $1,233,200 difference equals, to the dollar, the $6,500,000 authorized from reserves less the $5,266,800 scheduled for repayment: our arithmetic

Bylaws 900.06 and 800.08, October 22, 2025; staff report, September 17, 2025: the acquired parcels, Areas 1 to 5, 9.7 acres

Town RFP notices for the pre-existing parcels, Areas 7, 8 and 9: 8.4 acres

Council presentation, June 24, 2026, slide 3: "self-funded"

Bylaws 900.06 and 800.08: readings September 17, adopted October 22, 2025, five weeks

Cunningham & Rivard Appraisals, Report CR24-18812, effective February 22, 2024 (obtained through FOI-2026-37): $3,410,000

2025 Audited Financial Statements, p. 23; Official Donation Receipt #111 (FOI-2026-38): fair market valuation as of December 1, 2025, $12,980,000

Staff report, July 23, 2025, Recommendations 2 and 4 to 7: the $6.5M authorized from reserves, to be replenished from property sales

Bylaw 908.01, Schedule A, October 27, 2025: the Town's first printed land-sale schedule

2026-2030 Financial Plan, p. 38: proceeds by year; $17.1M is our sum

Bylaw 921.01, Schedule A: proceeds by year; $17.8M is our sum

Council presentation, June 24, 2026, slide 12: $12,574,800 of new work

Staff report, June 24, 2026, Attachment 2: 2026 proceeds from $3,245,000 to $6,824,800, "Update anticipated proceeds from Land Sales"

Staff report, October 22, 2025, p. 2; 2026-2030 Financial Plan, pp. 44, 46, 47: repayment promised for 2026 and 2027, scheduled for 2027 and 2028

Banner: our review of the Town's published records, updated to the date shown

Parkland

Donation Agreement, September 26, 2025, s. 7.1(f): the B Lands to be preserved "in perpetuity" for public park use and habitat protection

Staff report, June 24, 2026, p. 2: approximately 40 acres of parkland for preservation in perpetuity

Donation Agreement, s. 7.1(g) and Schedule B, Section 219 Covenant, ss. 1 and 2: no development; maintenance permitted; no provision on who pays for upkeep

Staff report, July 23, 2025, p. 3: "forested parkland with walking trails and habitat restoration"

Staff report, June 24, 2026, Figure 1 ("Park Improvements"); Council presentation, June 24, 2026 ("Parkland Improvements, 2027 & 28"); 2026-2030 Financial Plan, p. 143 ("Eaglecrest Neighbourhood Improvements"): the $1M line, three labels

Town FAQ, October 2025, p. 6: "A management plan has yet to be developed"

Town of Qualicum Beach, Parks & Beaches page: "280 hectares of Town-owned parks and greenspace"; 280 hectares is 692 acres, our conversion

Staff report, July 23, 2025, Recommendation 6 and Appendix C; staff report, October 22, 2025, Attachment 5: Park Inventory Prioritization Plan, $100,000, deferred from 2028 to 2029, "in consideration of staff capacity and work-planning"

Eaglecrest Golf Course Interim Maintenance Agreement, April 2026 (obtained through freedom of information); closed-meeting motion of April 20, 2026, released June 24, 2026, Item 9(1)d, p. 239: the mowing contract

Insights: The Deal of a Lifetime?

Correspondence, Director of Finance with the Town's auditors and legal counsel, January 24 to 29, 2026 (FOI-2026-38): the tax receipt mechanics and the $4.48M calculation

Official Donation Receipt #111, January 30, 2026 (FOI-2026-38): the receipt

Staff report, Special Council Meeting (in camera), June 3, 2025, p. 4 (FOI-2026-38): planned from the get go

Insights: What We Gave Up

Staff report, October 22, 2025, Attachments 3 to 6: the deferred initiatives; our count 33, our sum $1,102,000

Staff report, July 23, 2025, Recommendations 4 to 7: the quotation

Statistics Canada, 2021 Census Profile, Qualicum Beach (Town): residents over 65

Insights: For Generations to Come

Joint Town and Qualicum School District release, June 2025: the former elementary school, the district's ownership, the lease; the Mayor's phrase

Town statement, April 7, 2026: repairs, non-renewal, ownership

Town release, May 2026: the Mayor on absorbing the costs

Press reports, May 2026: the tenants

Insights: What Happened to One Operator, One Contract?

Request for Proposals, Eaglecrest Golf Course Operations, September 19, 2025: the single tenant, five-year lease

Town FAQ, October 2025, p. 4: the Town as landlord

Regular Council Agenda, June 24, 2026, Item 9(1)d, p. 239: closed-meeting motions of March 11 and April 20, 2026

Lease Agreement, April 2, 2026, ss. 4, 21, 22 (FOI-2026-23): the lease terms

Bylaw 921.01, Figure 1: the $2.3M line

Eaglecrest Project FAQ, September 14, 2026, "Eaglecrest Project Budget as of July 2026" table: the $2.3M itemized as clubhouse rehabilitation $600,000, equipment $900,000, maintenance building $800,000

Town announcement, April 27, 2026; Interim Maintenance Agreement: the mowing contract

Request for Contract Award, February 11, 2026: the course rebuild

Our review of the Town's published records to September 16, 2026: no course lease

Insights: The Course the Town Already Owns

2026-2030 Financial Plan, community profile: six courses

Director of Finance memo, November 17, 2021: the 1981 purchase

Bank of Canada Inflation Calculator, our calculation: $3,447,000

Claud Buchanan, 100 Years of Golf in Qualicum Beach, 2012, pp. 40 to 41: the Mayor of the day's reasoning, a recollection

Qualicum Beach Memorial Golf Club, Audited Financial Statements, year ended February 28, 2025, Notes 1, 9, 10, and Schedule of Payments (FOI-2026-02, filed by a local resident and used with permission): the lease and figures; $2,675,000 is our sum of Note 10's three lines

FOI-2026-40, Town response, September 8, 2026: six pages located; our review of those records and of the public record found no assessment of the second course's effect on the first

Insights: Billions Are Coming. Who's Watching?

2025 Audited Financial Statements, Growing Communities Fund schedule: the grant, its use, its balance

2026-2030 Financial Plan: "reallocated in 2025"

Province of British Columbia, Growing Communities Fund program page: reporting and signage requirements

Province of British Columbia, Local Government System Organizations page: the Auditor General for Local Government

Government of Canada, Build Communities Strong Fund launch, April 7, 2026

Canada and British Columbia joint announcement, June 18, 2026

Union of B.C. Municipalities, Community Stream page


The Records

The freedom-of-information files behind this site: what we asked for, when, and what was released. The packages are published below as we received them.

Each entry gives the Town's reference number, what we asked for, when we asked, and what came back. Blackouts in the packages are the Town's, marked with the section of the Act relied on. For how the Act works, see the Office of the Information and Privacy Commissioner for British Columbia.

2026-02 · The Memorial Golf Club lease: payments, agreements and the club's financial statements
Asked January 7, 2026. Complete, April 2, 2026 (35 pages, town letter). Filed by a local resident; used with permission.

2026-12 · What the Town asked its consultant to do on public engagement and risk
Asked January 8, 2026, with a revised start date of March 6, 2026 after clarification. Complete, April 20, 2026 (66 pages, town letter).

2026-23 · The Eaglecrest restaurant and golf course lease
Asked April 13, 2026. Complete, May 22, 2026 (24 pages, town letter).

2026-24 · The donation agreement
Asked April 13, 2026. Complete, May 22, 2026 (14 pages, town letter).

2026-33 · Risk assessments for the purchase
Asked May 4, 2026. Partly released August 7, 2026 (80 pages, town letter). Completed August 19, 2026 with a 98-page report, released after a review by the Information and Privacy Commissioner (town letter).

2026-34 · The tender to lease and operate the golf course
Asked May 4, 2026. Complete, July 21, 2026 (24 pages, town letter). The Town confirmed it received three bids.

2026-37 · The Town's appraisals of the property
Asked May 13, 2026. Partly released September 3, 2026 (96 pages). Completed September 11, 2026 with a further 121 pages, after the Town consulted two outside parties (town letter 1, 2).

2026-38 · The donation receipt
Asked May 13, 2026. Partly released September 4, 2026 (18 pages, town letter). The rest is under review by the Information and Privacy Commissioner.

2026-40 · Studies of the added nine holes and their effect on Memorial
Asked May 19, 2026. Complete, September 8, 2026 (6 pages, town letter).

2026-42 · Early negotiations, advisors, other appraisals, and alternatives to buying
Asked May 22, 2026. Complete, September 15, 2026 (69 pages, town letter, email).

2026-54 · Every expenditure charged to Eaglecrest since January 1, 2026
Asked June 29, 2026. Complete, September 2, 2026 (553 pages: pages 1–225, pages 226–553, town letter).

No number · The $450,000 Affordable Housing Reserve
Asked June 4, 2026. Answered by email June 8, 2026. The Town said the request "does not require a formal access request" because the records were already public, and pointed to the July 23, 2025 staff report and minutes.

Staff report, July 23, 2025 (PDF) · Council meeting minutes, July 23, 2025 (PDF)

The Town's letter and the records as released, redactions intact.