Hockey Canada among several organizations asking federal government for huge bailout

Hockey Canada is one of six National Sports Organizations that are seeking a $75 million relief package from the federal government to help offset their losses due to the COVID-19 pandemic. The other 5 NSOs seeking financial help are Canada Soccer, Curling Canada, Rugby Canada, Skate Canada, and Tennis Canada.

"A partnership between the government of Canada and eligible NSOs (national sports organizations) will ensure the grassroots sport development programs that our organizations operate can be sustained when the safe return to sport is permitted," the coalition said in a statement. "Without federal support, these programs face grim prospects."

The Canadian federal government is expected to release their first budget in over two years on April 19th, and all six NSOs involved are collectively crossing their fingers, hoping for the help they've been needing for months. If the financial package is granted, it is expected that the majority of the money will be given to grassroots programs to ensure they have enough money to run their leagues, and training sessions.

In total, over 100 events were cancelled among the six organizations since COVID-19 was declared a pandemic in March 2020.

They all believe that they should be able to apply for this money "based off demonstrated lost revenues from cancelled events/operations dating back to March 2020."

Other NSOs not involved in the coalition would also be able to apply for this program if granted. "provided they can demonstrate that cancelled events or operations due to COVID-19 public health restrictions has resulted in substantial lost revenues that are relied on to fund grassroots sport programming."

Canada Soccer, Curling Canada, Hockey Canada, Rugby Canada, Skate Canada and Tennis Canada have joined forces in asking the federal government for a $75-million sport recovery program.https://t.co/KreHZS89Y5— Sportsnet (@Sportsnet) April 8, 2021

Source: Sportsnet

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