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Federal government doubles funding to $10 million for Next Gen athletes program

The matched funding will lift annual public-private support for emerging Olympic and Paralympic athletes to more than $20 million, officials said.

  • On Thursday, the federal government doubled its investment in the Next Gen program from $5 million to $10 million, with the Canadian Olympic Committee and Canadian Paralympic Committee committing to raise matching funds, bringing total annual public-private investment to more than $20 million.
  • Secretary of State for Sport Adam Koeverden championed the Playground and Podium mission since 2025 to support emerging athletes. This announcement follows last week's $60 million federal injection for more than 60 national sports organizations addressing a chronically underfunded system.
  • Olympic and Paralympic athletes have benefited significantly from Next Gen support: 62 per cent of Canada's Olympians at the Milan Cortina Games and 65 per cent of Paralympic athletes utilized the program, combining for 118 medals across both competitions.
  • The matching model encourages private sector involvement, following energy company Capital Power's $25 million partnership with Alpine Canada. "Corporations, if you want to step up, we'll find ways to match that," Capital Power chief corporate officer Ferio Pugliese said.
  • Sitting Paralympic athlete Heidi Peters called the funding "essential" for enabling training between competitions. Sport funding will be discussed Nov 9–10 in Ottawa at a national summit expected to draw hundreds seeking to advance the sector.
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The Toronto StarThe Toronto Star
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Federal government doubles funding to $10 million for Next Gen athletes program

The federal government is doubling its annual investment in the Next Gen athlete program to $10 million, money that will be matched dollar-for-dollar by private-sector donors.

·Toronto, Canada
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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, October 29, 2026.
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