Simply put Searchmont Resort offers the best hill that you can find anywhere in Ontario. Those in Southern Ontario stuck at Blue Mountain or Mount St. Louis don't know what they are missing out on. Searchmont is located about 30 minutes north of Sault Ste. Marie. The resort has many chalets on site to provide accomodation. The pricing on the food(the poutine is a must) and drink at the resort is pretty much average I find. A pitcher last time out was $13, so you won't get gouged.
With 18 runs of varying difficulty, Searchmont provides runs for riders of any skill skill level. I would say that the hill might undervalue its difficulty as its blue runs at other resorts might be marked as black which is great. The hill has 3 lifts and 1 poma lift and lineups are virtually non-existant. The lift ticket prices are fair as are rental prices. The night skiiing here is a blast. The have a deal running on Friday nights currently where you can rent your gear, get a lift ticket, and a lesson for only $10... where else can you find that? The terrain park has a variety of rails, boxes, and tabletops for anyone interested in the park aspect. The hill itself is over 700 vertical feet so its bigger than anything you will find in the South.
I went to school in Southern Ontario and attended many of the resorts down there, but Searchmont is far and away the best hill that I've snowboarded in Ontario.