Len Barrie Moves to Cowichan Valley


YOUBOU – A pristine waterfront view nestled amongst trees in the shadow of mountains.

In this up and coming Youbou neighbourhood homes are not cheap; the land along is worth more than a million dollars.

And it is here Len Barrie, the former president of Bear Mountain, now calls home.

A man now shrouded in financial turmoil; his personal and business dealings the subject of a number of court actions.

Until Friday last week the former hockey player lived at the summit of Bear Mountain in a 12 thousand foot mansion listed on the market for $10 million.

HSBC foreclosed on the property last year and earlier this month the court granted the bank a possession order.

The bank appointed the president of Bear Mountain Land Holdings as receiver forcing Barrie and his family to leave

It was the latest in a series of setbacks for the former Bear Mountain executive, forced out in 2010 when the bank took over the real estate development and golf resort he built .

More recently the Bellagio Resort and Casino in Las Vegas served Barrie with a lawsuit claiming he owes it more than $2 million.

But, it appears his financial troubles don’t end there.

Court documents show the lakeside property in Youbou is the subject of foreclosure proceedings along with a number of other properties held by Len Barrie and his wife.

Follow Stephen Andrew on Twitter: http://www.twitter.com/CTVNewsStephen