Canadian Olympic Committee (COC) Chief Executive Officer Chris Overholt today outlined a bold new vision for the future of Team Canada by announcing more than $132 million in funding for the Canadian sport community.

During an address to the Empire Club of Canada in Toronto, Mr. Overholt announced that the COC would be renewing its commitment to investing $37 million over the next four years into high performance sport through Own the Podium. At the same time, the COC will be committing $16 million – which will in turn be matched by the federal government – in new funding to fuel the growth and development of the next generation of Olympians.

As part of the new funding model, the COC is committed to investing $5 million into a new Coaching Enhancement Program, the first of its kind in Canada, which is designed to bring critical financial support to assisting our National Sport Federations with the important work of attracting, developing, and retaining the best coaches in the world for years to come.

Advertisement