Accounting giant PricewaterhouseCoopers (PwC) has taken over the sale of the Fairmont Le Château Montebello from its troubled Chinese owners.

A judge in Hong Kong told current owner China Evergrande Group early in 2024 that with $300 billion US in liabilities and no plan to refinance, it was time for the company to liquidate its assets .

The historic log resort in western Quebec then went up for sale. The Superior Court of Quebec turned the sale over to PwC earlier this month.

Fairmont, which is contracted to manage the hotel for several more decades, told Radio-Canada the financial problems won't affect operations, blaming them on the owner.

Château Montebello's Chinese chapter set to close

The former Canadian Pacific Railway hotel, located on the Ottawa River between Ottawa an

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