Could Canadian deal to buy Ely be final by early 2009?
April 1, 2008 — Today it was announced that Canada has made an unprecedented offer, as a boost to tourism, to purchase the famous Boundary Waters town of Ely, Minn., and relocate it north of the U.S./Canadian border.
In a prepared statement, the Premier of Ontario pledged Ely will retain its worldwide reputation as the entryway to the Boundary Waters, though now from the other side, as well as its legendary lakes, resorts, restaurants, gift shops and museums, including the world-famous International Wolf Center.
Reportedly, the Ontario Ministry of Natural Resources has entered into negotiations with the Minnesota DNR and the Governor’s office to arrive at a satisfactory price. Sources close to the deal say that Ely will become Ely, Ontario as early as 2009.
This is a big deal, eh?