Georgian Bay

"he year 1968 was a crossroads in Peter Munk’s life. He spent the summer on his island in Georgian Bay. His fertile mind was busy putting together two elaborate schemes. One was a sophisticated international securitized mortgage-financing plan. The other was an off-the-wall development project in Fiji."

"When I married Melanie I said to her, “Darling, we may have a lovely house in London, and an English country place and a Swiss ski chalet, but our home is Toronto. That’s where we're going to bring up our kids. If you marry me, just remember that.” I wanted to be sure that my children weren't nomads. Georgian Bay and Toronto, that’s where we belonged. There was never any doubt that I would come back, once the foundation was safe. I couldn’t come back with all the negative publicity and with all the debts. So, I had to come back, but I had to be prepared for a couple of bad years. That meant that I had to come back to Canada with success behind me."

"That's my life in Switzerland. I don’t have to use a car. I spend four or five hours on the mountain with my guide or my wife or my friends or my family. I love the mountains. I love the challenge of skiing—I’m a bad athlete but I love it. It’s the best thing you can do with five of your kids and your wife and your friends and have fun all day. Klosters is the ideal lifestyle for me, just like in the summer | think my Georgian Bay island keeps my sanity and keeps my mind and my focus, enables me to live with the pressures."

"or five hours on the mountain with my guide or my wife or my friends or my family. I love the mountains. I love the challenge of skiing—I’m a bad athlete but I love it. It’s the best thing you can do with five of your kids and your wife and your friends and have fun all day. Klosters is the ideal lifestyle for me, just like in the summer | think my Georgian Bay island keeps my sanity and keeps m"