Feds inject $660 million in new funding for national sports groups facing shortfalls

OTTAWA — The federal government is setting aside $660 million over the next five years for national sport organizations that have faced mounting deficits for years.

Today’s spring economic update promises $110 million annually after that to boost funding for national sport organizations that had remained largely static for two decades. The $660 million is part of a broader $755 million package that also includes $50 million to host events and $45 million for high-performance athlete support.”

Following this year’s Olympics in Milano-Cortina, which saw Canada’s weakest Winter Games medal count since 2002, the Canadian Olympic Committee issued an urgent plea for increased funding.

The Canadian Olympic and Paralympic committees lobbied unsuccessfully for a $144-million increase in annual core funding for national sport organizations in the 2025 budget.