With out-of-town investors cashing in on cheap vacation homes, the village of Valemount, B.C., is looking for ways to remain affordable to year-round residents.

The pending construction of the Valemount Glacier Destination Resort, slated to open in 2020, has attracted new money to the Rocky Mountain village located roughly 120 kilometres west of Jasper, Alta. 

The proposed site for the Valemount Glacier Destination resort is in the Cariboo Mountains just to the west of the Village of Valemount, B.C. (Valemount Glacier Destinations