Canadian Olympic Committee Calls on the Federal Government to Increase Financial Support to National Sport Organizations

Canadian Olympic Committee Calls on the Federal Government to Increase Financial Support to National Sport Organizations

1470 & 100.3 WMBD

Canadian Olympic Committee calls on the federal government to increase financial support to national sports organizations. The organization needs an extra C$104 million ($76.61 million) in direct funding annually. Core funding for the bodies that govern amateur sports across Canada has been unchanged since 2005. Without additional funding, a five-year forecast showed the organizations would run a deficit of C$134 million while attempting to deliver on their primary mandates.

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