Federal government to announce new funding for 60 national sport organizations: sources

Canada’s national sport organizations (NSOs) are set to receive a long-awaited financial boost.

The federal government will announce supplemental funding for 60 NSOs on Thursday, sources told CBC Sports.

“I think it is transformational and that word has been used. And I think it is. I think it is. It's what the sports system really needed,” Suzanne Paulins, the CEO of Swimming Canada and a co-chair of the Summer Sport Caucus, told CBC Sports.

The new funding will take effect this fiscal year. It is not clear when the money will hit NSO bank accounts, though it is not expected to take long.

Thursday’s announcement marks the latest step in the rollout of a funding boost that was first announced in April and comprises of $660 million in sport support funding over five years directly to NSOs, multi-sport organizations (MSOs) as well as Canadian Olympic and Paralympic Sport Institute Network members (COPSINs).

In September, CBC Sports reported that over 101 applications were submitted with a sum ask of roughly $168 million. 

Feds to begin sport funding rollout ‘imminently’ after months-long application process

The supplemental funding for three NSOs — Canada Basketball ($1.8 million), Alpine Canada ($2.77 million) and Wheelchair Canada Basketball (close to $800,000) — was previously announced in September. The funding for three others has yet to be finalized.

COPSINs, which include seven institutes, received a total increase of $5.4 million this year, the feds announced last week. MSO applications are still being worked through. The federal government has committed a total of $112 million in increased sport-support funding for this year.

NSOs learned of their exact supplemental funding earlier in October — around two weeks