Local. Business. Intelligence. July 19–25, 2011 • Issue 1134
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Coal boss quits amid takeover speculation 3
Broadway transit battle lines drawn
Marching to the civic funding parade 6
The congested business and city transportation artery is likely next up for transit overhaul, but merchants and residents are torn over which option to support: 4-5
Avcorp’s fight for survival 7 Friedland hits platinum jackpot 7 Insider trading: who’s buying what and for how much 9 Wineries seeking to reap vintage real estate harvest 10
Cashing in on the Outgames >North American Outgames festival promises to brighten summer business prospects with $13 million infusion into local economy
Vancouver tech firm aiming to address urban alienation 12 Companies tackle summer team-building opportunities 15 Who’s getting sued 22-23 Objective housing price impact assessment needed 28 Calculating the cost of cultivating a city’s sports culture 29
>Games to coincide with annual pride parade, which could be best-attended event in Vancouver history By Glen Korstrom
Lesley Stowe: The queen of crisps looking for another recipe for success in B.C.’s food industry 31 Biggest accounting firms in B.C.
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he GLISA North America Outgames are projected to pump more than $13 million into the Metro Vancouver economy next week as the city hosts its first major international gay festival since the 1990 Gay Games. The 4,500 athletes, coaches and relatives who visit the Outgames are also expected to boost attendance at events in the Vancouver Pride Society’s annual festival given that both festivals cater to the gay community and overlap between July 25 and 31. Depending on the weather, the result could be nearly 700,000 coming downtown for the July 31 Vancouver Pride Parade – the largest crowd of people for a single event in Vancouver’s history. “If you wanted to take in all of our events, you couldn’t, because there’s 60 events happening. You’d be quite tired if you tried to go to most of them. I know I would be,” said Outgames chairman John Boychuk. “We have people coming from Africa, Europe, the Asia Pacific and South America who are coming to our festival as participants.” The festival includes a raft of sporting events, which are all free to attend, as well as a human rights conference that has ses-
Richard Lam
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Vancouver Pride Society chairman Ken Coolen: expects to host the largest pride parade in Vancouver’s history on July 31
sions on hate crimes, bullying and gender identity. It will also have a cultural component. Local theatre groups, such as the non-profit Raving Theatre Co., would not have produced its Confessions of a Mad Drag Queen were it not for the boom in gay tourists likely to buy tickets, Boychuk said. “These events have either been stepped up or introduced because of their appeal to
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Outgames athletes and visitors.” Gay festivals have come a long way since Vancouver hosted 7,300 athletes and 1,500 cultural visitors for the third Gay Games in 1990 – the first tournament held outside San Francisco. The Gay Games grew to include more than 12,000 athletes in Sydney in 2002 before a schism took place. see Games, 6
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