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Old 11-14-2012, 02:02 PM   #1
Nehkara
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Default Canadian Olympic Committee Doubles Financial Support For Olympic Sports

Canadian Olympic Committee to offer $100M boost

Quote:
The Canadian Olympic Committee will be almost doubling its financial support for Olympic sports over the next four years with an injection of about $100 million, president Marcel Aubut said Wednesday.

Ottawa has also promised to keep its funding for Olympic sport intact, he said.

"This money ... coming from the (federal) government, . . . plus the $100 million, will guarantee a bright and golden future for Canadian Olympic athletes," he said on a conference call that included presidents of some of the national sports federations.
The increase in money has come from improved support from corporate sponsors.

I think this is awesome, the athletes train incredibly hard, and usually have to work as well, to represent Canada on the international stage. Any help they get is great!
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