First Nations group wants to buy Corel Centre

January 8, 2003

Ottawa Sun: First Nations group ready with assist

'Peter Leech, president of the Halaw Management Group told the Sun last night he has held talks with Bryden about the possibility of purchasing the Corel Centre and turning the land into an "urban reserve."

Under the plan, which would need the blessing of federal, provincial and local governments to be successful, Leech's group wouldn't have to pay tax for the building because of its Native status.'

I haven't mentioned it here yet, but the Ottawa Senators NHL team is in a deep financial crisis. Their refinancing plan stalled on December 31st and they're unable to pay their players right now. It's believed they'll file for bankrupcy protection as early as today.