Ts’elxwéyeqw Group Acquires Elements Casino Chilliwack from Great Canadian

The Ts’elxwéyeqw Group, an entity affiliated with Ts’elxwéyeqw Tribe Management Ltd., has successfully completed the acquisition of Elements Casino Chilliwack from Great Canadian Entertainment. This transaction marks a significant expansion of the Ts’elxwéyeqw Group’s business portfolio in the Fraser Valley region of British Columbia.

What Happened

Great Canadian Entertainment and a consortium group of certain communities from the Ts’elxwéyeqw Tribe, operating through an entity affiliated with Ts’elxwéyeqw Tribe Management Ltd. (the “Ts’elxwéyeqw Group”), announced the successful closing of the Ts’elxwéyeqw Group’s acquisition of Elements Casino Chilliwack, according to the Financial Post. This facility is identified as a premier gaming and entertainment destination located in the Fraser Valley region of British Columbia (Financial Post).

The acquisition represents a significant milestone for the communities within the Ts’elxwéyeqw Group, which constitutes seven First Nation communities who are the First People of the Chilliwack River watershed (Financial Post). Chief David Jimmie, President of Ts’elxwéyeqw Tribe Management Ltd., stated that this acquisition integrates gaming and hospitality into their existing business portfolio, demonstrating their communities’ capabilities in the business world (Financial Post).

Key Details

• The acquisition involves Elements Casino Chilliwack, an established gaming and entertainment venue in the Fraser Valley (Financial Post).
• Elements Casino Chilliwack features over 300 slots, live and electronic table games, bingo, dining options, and live entertainment (Financial Post).
• The Ts’elxwéyeqw Group’s existing business portfolio includes commercial real estate development, sustainable forestry operations, environmental stewardship, conservation of cultural values, and energy infrastructure (Financial Post).
• McCarthy Tétrault LLP served as legal advisor and KPMG Corporate Finance Inc. as financial advisor to the Ts’elxwéyeqw Group, while McMillan LLP acted as legal advisor to Great Canadian Entertainment (Financial Post).
• Great Canadian Entertainment operated Elements Casino Chilliwack since its opening in 2012 (Financial Post).

Why It Matters

This transaction signifies a notable expansion for the Ts’elxwéyeqw Group into the regulated gaming and hospitality sector, diversifying its existing business ventures which already span multiple industries (Financial Post). The acquisition of an established operation like Elements Casino Chilliwack indicates a strategic move to integrate a significant regional entertainment asset into the Ts’elxwéyeqw Tribe’s economic framework, as stated by Chief David Jimmie (Financial Post).

For Great Canadian Entertainment, the sale marks a transfer of ownership of a long-standing asset to a local Indigenous group, with Matt Anfinson, Chief Executive Officer of Great Canadian Entertainment, expressing confidence in the Ts’elxwéyeqw Group’s leadership for the casino’s future (Financial Post). This shift in ownership is positioned to provide meaningful economic opportunities for the Ts’elxwéyeqw communities, contributing to their diverse business portfolio and strengthening their position in the regional economy (Financial Post).

Originally reported by Financial Post·Published 28 Jul 2026, 20:46