OWN THE PODIUM ANNUAL REPORT 2015-2016 To be a world leader in high performance sport at the Olympic and VISION For to be a world leader in high performance sport at the Olympic and Paralympic Games

MISSION To lead the development of Canadian sports to achieve sustainable and improved podium performances at the Olympic and Paralympic Games

MANDATE Own the Podium provides technical support to national sport organizations with the aim of delivering more Olympic and Paralympic medals for Canada. Own the Podium prioritizes investment strategies by making funding recommendations using an evidenced based, expert driven, targeted and collaborative approach.

VALUES Excellence Bold Leadership Innovative Integrity and Trust Podium Driven Visionary Creative Performance Partner Without Compromise Collaborative Nimble and Flexible Open and Transparent Solutions Focused Challenging Calculated Risks Ethical Accountability

TABLE OF CONTENTS Front Cover Photos: 3 Message from the Chair and Chief Executive Officer Marianne St-Gelais Short Track Speed Skating 1500m 5 Board of Directors 2016 World Championship Gold Medalist

6 Operational Objectives Mark de Jonge Canoe-Kayak Sprint K-1 200m 8 Podium Excellence - Summer 2015 World Championship Gold Medalist 13 Podium Excellence - Winter Jennifer Abel System Excellence Diving 3m 16 2015 Gold Medalist 19 Sport Science, Medicine, Research and Innovation Excellence 20 Organizational Excellence Para- S10 2015 World Championship Double Gold Medalist 23 Funding Report Meagan Duhamel and Eric Radford 24 Audited Financial Statements Figure Skating Pairs 2016 World Championship Gold Medalists 28 Notes to Audited Financial Statements Mikaël Kingsbury 31 Supported National Organizations Freestyle Skiing Moguls 2016 Overall World Cup Champion

2 Annual Report 2015-2016 MESSAGE FROM THE CHAIR AND CHIEF EXECUTIVE OFFICER Canada is preparing to cheer on its leadership at the Canadian Olympic Summer Games aside, the 2018 Olympians and Paralympians at the Committee. Equally as important, Olympic and Paralympic Winter Summer Games in Rio, making this a we have worked closely with the Games are only 18 months away perfect time to look back on another Canadian Paralympic Committee to and Canada’s athletes are tracking year of excellence in sport. increase collaboration focused on high positively. performance athlete development. This year we welcomed the arrival of a Own the Podium’s work with the Canada’s Olympic winter sports new Federal Government and Minister Coaching Association of Canada celebrated a stellar 2016 of Sport and Persons with a Disability. remains a priority as evidenced by season where Canada finished We were delighted to begin working our joint pilot with two sports where second overall based on World with the Honourable Carla Qualtrough, customized professional development Championship results, and fourth a two-time Paralympic swimmer and is made available to coaches. overall in World Cup medals. Our multiple medal winner. Paralympic winter sport athletes We also continue to cherish the ended their season eighth overall in It is clear with Minister Qualtrough’s relationship established with our World Cup medal totals. leadership, the Government of corporate partner, Canadian Tire Bank, Canada remains committed to helping who has become a key difference The upcoming competitive season is Canadian athletes deliver medal maker in driving podium performance a critical one for our winter sports, winning performances. From day one, through its Sports Analytics Team. and we cannot stand still. The Minister Qualtrough took an active Medals at the elite level are often won performance bar is constantly being interest in understanding Own the by the tiniest of margins, and Canadian raised and we must all continue to Podium’s vision and the critical role the Tire’s sport analytics program is challenge ourselves to be better, organization plays in putting Canadian helping to close those small gaps on smarter and more accountable. athletes on international podiums. the world stage for Canadian athletes. Own the Podium continues to make Recognizing the importance of tough decisions each day and has developing the next generation of Own the Podium knows that we become even more aggressive in our Olympic and Paralympic champions must continue to drive research and funding recommendations. for Canada, Own the Podium looks innovation at the highest levels of forward to working with Minister sport to remain in the game. Canadian On behalf of the Board of Directors Qualtrough on the Government of Tire is keeping Canada in the game, and staff at Own the Podium, Canada’s commitment to match and as a result, creating more winners we would like to thank and up to $20 million of private sector for our great country. congratulate everyone in Canada’s high performance sport community investment to support athletes who A tighter relationship with all of Own are five-to-eight years away from for their focus, dedication, and the Podium’s partners over the last wide ranging contributions in the potentially medalling at an Olympic year has helped prepare Canada’s or Paralympic Games. The funding completion of another successful athletes and coaches for success at the summer sport quadrennial. will be used to support additional 2016 Olympic and Paralympic Games. coaches, improve the daily training We wish all of our summer athletes, environment, and deliver sport No stone has been left unturned, and coaches, and national sport medicine and sport science services to nothing has been left to chance in this organizations the very best in Rio. Canada’s next generation of podium final push to Rio. Canada is ready. The We look forward to seeing the potential athletes. Canadian Team is ready! Canadian flag being raised above the Own the Podium also congratulated Five team sports have qualified to Olympic and Paralympic podiums one of our founding Board Members, represent Canada at the 2016 Olympic before switching our focus back to Tricia Smith, on her election to lead Games! With one of the largest the ice and snow in the final charge to the Canadian Olympic Committee contingents in recent history, Team PyeongChang 2018. as the organization’s President. An Canada will strive to improve on its Olympic medalist in rowing and a medal count from the 2012 Olympic Vancouver based lawyer, Smith has Games. Canada will field a strong helped foster a stronger relationship Paralympic Team that is driven to between OTP and the Canadian achieve the nation’s goal of a top-16 John Furlong Anne Merklinger Olympic Committee in our shared goal ranking in Rio. We look forward to Chair Chief Executive Officer of delivering more medals for Canada. celebrating the success of Canada’s best athletes and take key learnings Over the past 12 months, Own the from these Games in our continued Podium has strengthened its ties with quest for excellence. the Government of Canada and new Annual Report 2015-2016 3 Bianca Farella 2014-15 HSBC Women’s Sevens Series Silver Medalist Annual Report 2014 9 BOARD OF DIRECTORS

John Furlong Therese Brisson Duncan Fulton Scott Hutcheson

Dr. Guy Larose Chris Overholt Julie Payette Chantal Petitclerc

Hayley Wickenheiser Dr. Mike Wilkinson Martin Boileau Board Observer Annual Report 2015-2016 5 OPERATIONAL OBJECTIVES

Increased Medal Performance at Olympic and Paralympic Games

Sport Science, Medicine, Research, Podium Excellence System Excellence and Innovation Excellence

High High Canadian Integrated Research Performance Performance Performance Sports Summer Sport Winter Sport Support and Intelligence Directors Athlete Institute Team Innovation and Analysis and Coaches Development Strategy

HP Athlete COPSI Network Integrated HP Directors Performance World-leading podium performance pathways and Development Strategy and Support Team Think Tank and Coaching Analysis and plans for all targeted sports Framework and Investment Professional Advisory Groups Strategy Analytics Strategy Framework Development

Model to National Sport Optimal daily training and competition environment Podium NextGen Develop Science Innovations 4 driven by world-leading coaches and technical Pathways and Programs and Performance NextGen HP Medicine Gold Research leaders supported by optimal SSSM practitioners Gold Medal Capacity Intelligence Directors and Advisory Program for all targeted sports Profiles Building Coaches Committee

Athlete Next generation of podium potential athletes and Professional Front-line System Intake and Strategic At Games teams identified and developed for podium success Development Initiatives Harmonization Monitoring Partnerships Delivery (AIM)

Organizational Excellence

Business Business Foundation Operations

Comprehensive Human Cutting Edge Accurate and Timely Effective Sound Governance Effective Partnerships Resource Policies and Information Financial Reporting Communications Procedures Technology

6 Annual Report 2015-2016 Brianne Theisen-Eaton Athletics / Heptathlon 2015 World Championship Silver Medalist PODIUM EXCELLENCE - SUMMER As we near the start of the 2016 Rio , Canadian athletes are poised to surpass the medal results achieved in the 2012 Olympic and Paralympic Games. The following table provides an overview of Canada’s medal performance heading into the homestretch of the Olympic quadrennial.

Rio 2016 Rolling* Rio 2016 Rolling* London 2012 London 2012 Nation Medal Rank Medal Count Medal Rank Medals Won Medal Difference JPN 7th 40 6th 38 +2 NED 8th 35 11th 20 +15 AUS 9th 33 7th 35 -2 KOR 10th 25 9th 28 -3 CAN 11th 21 14th 18 +3 NZL 12th 19 19th 13 +6 POL 13th 18 26th 10 +8 HUN 14th 17 13th 18 -1 ITA 15th 17 10th 28 -11 BRA 16th 17 16th 17 0 * Rolling Medal count or rank refers to the medals or rank from the most recent World Championships as not all sports have a World Championships each year of the Olympic quadrennial

Below is a quick snapshot of where Canada’s World Championship (or equivalent) medals have come from heading into the final month of the Rio quadrennial.

Number of Sport Category Number of Sports on Medals Won Percentage of Category Sports Podium Total Medals Conversion Rate 1 6 5 8 38.1% 83% 2 3 2 10 47.6% 67% 3 3 2 2 9.5% 67% 1-Year Investment 7 1 1 4.8% 14% TOTAL 19 10 21

Some of the exceptional highlights from the 2015 World Championships season are noted below. • Canada crowned three World Champions in the 2015 World Championships season. Mark de Jonge won the men’s K-1 200m at the 2015 ICF Canoe Sprint World Championships while Derek Drouin and Shawnacy Barber stood atop the podium at the 2015 IAAF World Championships in the men’s high jump and pole vault events. • captured an unprecedented 8 medals at the 2015 World IAAF Championships to lead all Canadian sports. Adding to the medal tally, Melissa Bishop (800m – W), Damian Warner (Decathlon – M), Brianne Theisen-Eaton (Heptathlon) all picked up silver medals, while Benjamin Thorne (20km – Walk), Andre De Grasse (100m – M) and the men’s 4x100 relay all won bronze. • Swimming Canada won 3 medals at the 2015 FINA World Championships with Ryan Cochrane claiming bronze in both the 400m and 1500m freestyle events and Emily Overholt winning bronze in the women’s 400m IM. • Diving Canada delivered 2 medals in the women’s 3m and 10m Synchro events at the 2015 FINA World Championships.

8 Annual Report 2015-2016 PODIUM EXCELLENCE - SUMMER (cont’d) • and each yielded one medal at their respective 2015 World Championships with medals in the Women’s Team Pursuit and Women’s Eights respectively. • Canada’s combative sport community reached the podium twice in wrestling (Geneviève Haley Morrison in the 48kg class) and judo (Antoine Valois-Fortier in the 81kg class). • continued to shine with Women’s Sevens finishing 2nd overall in the 2015 World rankings. • Brooke Henderson emerged as the world’s #2 ranked female golfer and won the 2016 KPMG Women’s PGA Championships. • Canada’s Team Sport Strategy continues to demonstrate excellent positive return on investment with 5 teams qualified for Rio (Basketball – W, Rugby Sevens – W, Soccer – W, Volleyball – M and Field Hockey – M) easily surpassing the tally of 2 team sports at the 2012 London Olympic Games.

Canada’s Paralympic athletes had equally stellar performances in the 2015 Para World Championships season as noted below. • Canada’s Swim Team led the way in 2015 with twelve Top-3 results at the IPC Swimming World Championships. Aurélie Rivard picked up 2 gold and 2 silver medals in the women’s S10 50m Freestyle, 400m Freestyle, 100m Freestyle and 200m Individual Medley. Canada’s veteran Benoit Huot, had three podium results in the Men’s S10 200m Individual Medley, 400m Freestyle and 100m Backstroke. had 2 podium results in the Men’s S10 50m and 100m Freestyle events. Rounding out Canada’s podium results were Tess Routliffe (Women’s SM7 200m Individual Medley), Sarah Mehain (Women’s S7 50m Butterfly) and Katarina Roxon (Women’s SB8 100m Breaststroke). • Canadian Para Athletics athletes came home with seven Top-3 results at the 2015 IPC Athletics World Championships. led the way with two podium victories in the Men’s T53 100m and 800m races and a silver medal in the 400m events. Guillaume Ouellette and both earned podium results in the Men’s T13 (gold) and T11 (silver) 5000m races respectively. Renee Danielle Foessel and Becky Richter both came home with bronze medals in the Women’s F51 Club Throw and F38 Discus Throw. • Canadian Para-cyclists achieved two medals at the 2015 IPC Para Road and Track World Championships with Shelley Gautier claiming gold in the T1-2 Road Race, while Ross Wilson finished second in the men’s C1 Pursuit on the track. • Para Equine’s Lauren Barwick came home with a silver and bronze medal in the Class II Freestyle Test Individual and Champions Test Individual events at the 2015 FEI World Equestrian Games. • Para-Triathlon’s Stefan Daniels was gold in the Men’s TR4 event at the ITU World Triathlon Grand Final. • Canada’s sailors in the three-person Keelboat (Sonar) and our Rowers in the Coxed Fours - LTAMix4+ each claimed a bronze medal at their respective 2015 Para-World Championships.

Toronto 2015 Pan American / Para Pan American Games Recap: • Canada finished 2nd overall with 219 medals (78 Gold, 70 Silver and 71 Bronze) at the in , achieving the pre-Games objective of a second place finish. • Canada exceeded its 3rd place objective finishing 2nd overall in total medal ranking with 168 medals (50 Gold, 63 Silver and 55 Bronze) during the 2015 Para Pan American Games. • The $2.1M incremental investment from the Government of Canada was critical in Canada’s best-ever showing at the 2015 Pan American Games.

Pan Am Games Gold Silver Bronze Total Position Toronto 2015 78 70 71 219 2 Winnipeg 1999 64 52 80 196 2 Rio 2007 39 44 55 138 3 Santo Domingo 2003 29 57 42 128 3 Guadalajara 2011 30 40 49 119 5

Annual Report 2015-2016 9 PODIUM EXCELLENCE - SUMMER (cont’d) • The $0.9M incremental investment made by the Government of Canada was also instrumental in Canada’s best-ever showing at the recent 2015 Para Pan American Games.

Para Pan Am Games Gold Silver Bronze Total Position Toronto 2015 50 63 55 168 2 Rio 2007 49 37 28 112 3 Guadalajara 2011 13 22 28 63 5

Rio 2016 Canada is on track and trending well to achieve the following Olympic and Paralympic objectives established by the Canadian Olympic Committee and the Canadian Paralympic Committee: Olympics: • Win more medals than 2012 (18 medals) • Stretch target of Top-12 NOC Total Medal Ranking Paralympics: • Stretch target of Top-16 NPC Total Medal Ranking

Working closely with Canada’s summer sport organizations, OTP enters the Rio Olympic Games knowing that we have done all that we can to ensure that ‘no stone is left unturned’ in converting our podium potential events to medals. Some of the critical elements addressed include: • healthy athletes and coaches; • incremental resources to improve conversions; • optimal familiarization in Rio; • fully planned staging camp and Rio Games logistics; • optimal coaching capacity at Games and maximizing accreditations to performance roles; • mentoring of rookie coaches and leaders; • performance on demand for new sports; • distraction control and management; and • managing external expectations – media, family and friends, sponsors, etc.

10 Annual Report 2015-2016 Brent Lakatos Para-Athletics / Wheelchair T53 2015 World Championships Double Gold Medalist Kaillie Humphries & Melissa Lotholz Photo Credit: Charlie Booker Bobsleigh / Two-Man 2016 World Championships Silver Medalist PODIUM EXCELLENCE - WINTER The second year of a quadrennial is generally considered winter sports. In addition, active NextGen programming “the eye of the tornado” in winter sports. It is the quiet continues to flourish and deliver a credible number of season that is squeezed between an uncertain, disrupted podium potential athletes to the system. There is much beginning and a frantic, furious finale. The 2015-16 season anticipation around the confirmation of added investment was no exception to this rule. After uncertainty in many in the NextGen space. OTP has used this time to work with areas with a number of winter sports in the early days of our sport partners and directly with the sports to plan the the quadrennial, much has settled and come into focus and effective implementation of the expansion of this program many parts of the system continue to develop and mature. when the much needed funding becomes available.

Over the last 12 months, a large part of the uncertainty The second year of any quadrennial is generally a quiet one which had prevailed with respect to both administrative with fully half of the events being contested in the 2018 and technical leadership in the winter sport landscape has Olympic Winter Games not having world championships been stabilized. In most cases, sports have emerged with this past winter. This is even more pronounced on the stronger leadership, which has already illuminated a path Paralympic side with only two of the sports which account forward as evidenced in tangible results. As an organization, for two potential medals having been contested (Sledge OTP has continued to be proactive in finding solutions and Hockey and Wheelchair Curling) in 2015-16. As a result, vehement in its support of a transition. A stable NSO and the total absolute medal production year over year was most importantly, minimum athletic disruption, remain noticeably down. the cornerstone of OTP’s sport partnership philosophy. Although we are now in an era of relative stability, OTP With a closer look and more context, the picture becomes must remain vigilant through the use of the tools at its clearer and more promising. Both the number of medals disposal and its constant connection with the sports to won by Canada and the relative nation rank are quite ensure that athletic disruption is protected in an effort to consistent with results produced in year two of the maximize medal potential. previous three quadrennials. Within these numbers, we have seen the return to strength of our historically strong The 2015-18 quadrennial marked the beginning of medal producing speed skating disciplines. Additionally, a concerted efforts on the winter side to fortify the athlete number of our Category 3 sports produced medals in each pathway needed to underpin Canada’s medal potential of the last two years of World Championships, indicating a pool. Consequently, this last year saw significant progress stronger probability of conversion at Games. Finally, when in the critical work being done on the Podium Pathway for you factor in the medals which OTP believes we would have a great number of our winter sports. The sports continue been able to produce in the events not contested this year, to become more deeply engaged in this process. Several the total projected medal count indicates Canada is in the sports have benefited from the partnership with Canadian hunt for a top 3 finish. Tire Bank and the analytics tools it has been able to create in collaboration with the sports. As OTP has gathered strength in this area and the process becomes more defined, clear timelines are now set for the induction, processing and completion of work for a majority of the

Medals at World Championships/Olympics - Olympic Winter Sports 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Y1 Y2 Y3 Y4 Y1 Y2 Y3 Y4 Y1 Y2 Y3 Y4 Y1 Y2 Total Medals 21 15 28 24 27 22 29 26 33 20 29 25 24 18 World Rank 4 2 3 3 2 2 1 3 2 1 2 4 4 2

Annual Report 2015-2016 13 PODIUM EXCELLENCE - WINTER (cont’d) Olympic Sports Without World Championships in 2015- 2016 Medals Number Available Medal of Events for Potential Canada Alpine Skiing 11 31 Cross Country Sking 12 24 Figure Skating 1 1 Freestyle Skiing 8 24 13 + 2 Nordic Combined 3 7 Ski Cross 2 6 Ski Jumping 4 10 Snowboarding 10 30

Although this total projected number (13 + 2) appears to be at the top end of the scale, it must be noted that Canada benefited from the addition of six new disciplines on the Olympic program in April of 2015, most of which are strong medal opportunities for Canada.

On the Paralympic side, we have seen some similar shifts and outcomes. With a broadening of the categories and disciplines for Para Snowboard comes significant medal opportunity. The strengthening of the Canadian Para Snowboard program has provided further potential in this evolving discipline. Recruitment efforts, spearheaded by CPC in combination with the established NextGen programs in each of Para Nordic, Snowboard, and Alpine, have pushed credible athletes onto the National teams and in a number of cases, into podium contention. This, coupled with consistently strong performances from veterans within all of the programs, demonstrates consistent medal potential for Canada in 2018.

14 Annual Report 2015-2016 Brent Laing & Ben Hebert Curling / Men 2016 World Championships Gold Medalist

Photo Credit: World Curling Federation SYSTEM EXCELLENCE The goal of the System Excellence priority is to increase NextGen Programs and Capacity Building the number and quality of world class athletes, coaches OTP is delighted that the new Government has committed and technical leaders supported by fully functional CSC/ to deliver on the NextGen Funding of $20M over 4 years CSIs. During the past year, a number of initiatives have been and has been fully engaged in consultations on the roll-out delivered which have contributed to this strategic priority. of the new federal funding. OTP has been advised that we will play a key technical role in the delivery of this important HP Directors and Coaching Strategy initiative expected to start early in 2017. OTP and the Coaching Association of Canada collaborated on the development of a Coaching Enhancement Program Canadian Tire Analytics Team in the summer and early fall of 2015. The program is The analytics work in partnership with Canadian Tire Bank intended to improve sport performance by elevating is bearing fruit and gaining momentum. Collaborative the quality of Canada’s coaches through systematically efforts with OTP’s High Performance Athlete Development improving coach education, mentorship, retention and Advisors and the four Canadian Tire analysts and their recruitment. A fully costed proposal was delivered to the interns are creating unique and sophisticated methods by COC in October followed by a presentation to their Board which we can compare current and historic champions with of Directors. It is expected that a recommendation will be Canadian athletes at any stage along their Podium Pathway. made to the COC session in the fall of 2016. Any additional So far we have completed the amalgamation of data sets, resources available will provide a significant boost to high the design of statistical models, and the development of performance coaching in Canada. easy-to-use analytic tools for Rowing, Swimming, Athletics, Cycling, and Luge. These tools are already being integrated Model to Develop NextGen HP Directors and into the athlete identification and selection processes and, Coaches in some cases, have been designed to provide tactical Two pilot programs for coaching professional development analyses at major competitions. The “Big-4” summer sports (swimming and freestyle skiing) were delivered in 2015- will undergo an extensive review post-Rio to update the 16. This program was designed to provide a cutting edge data sets and validate the statistical models. Additionally, curriculum for targeted high performance coaches. OTP and Canoe/Kayak, Para-Swimming, and Figure Skating are CAC collaborated to ensure alignment to Canada’s Olympic nearing completion. Work on Freestyle Skiing (Moguls and and Paralympic performance objectives. The Program was Aerials), Speed Skating (Short and Long Track), and Para- professionally driven by experts in coaching education and Cycling is well underway. Diving, Biathlon, and Bobsleigh/ led by key individuals in each of the NSOs. Individualized Skeleton have recently been brought on board. learning plans were developed for each coach. Freestyle Skiing initiated their involvement in July of 2015 with five coaches and Swimming Canada started in October following the 2015 World Championships. The pilot provided valuable learnings to further develop this important area.

CSI Strategy and Investment Framework A new Investment Framework was developed for the COPSI Network to be introduced for 2017-18. Efforts will continue to ensure quality service delivery to targeted sports. With the development of new world class training and competition spaces in Toronto, and , the COPSI Network is a key component of Canada’s high performance delivery system offering state of the art support services to national teams in the daily training environment.

16 Annual Report 2015-2016 Annual Report 2015-2016 17 Kelly McKean OTP Performance Analyst / 2015 Pan American Games SPORT SCIENCE, MEDICINE, RESEARCH, AND INNOVATION EXCELLENCE Integrated Support Team (IST) Professional supporting a new economy using Canada’s most valuable Development resource – its people. One of these partnerships is with The Sport Innovation (SPIN) Summit continues to be Own the Podium. A contribution to Canada’s success Canada’s cutting edge applied high performance sport in Vancouver, London and Sochi was including talented science, medicine and research conference, organized graduate and post-graduate research interns to engage annually by Own the Podium. The 2015 SPIN was held in with innovative thinking to solve sport performance Toronto at CSIO’s newly completed Toronto Pan Am Games questions about how we could “Own the Podium”. Sports Centre (TPASC). The conference was a tremendous These future interns will be the conduit between the success with over 320 sport science and medicine experts Canadian National Teams, CSC/CSIs, and Universities to who assist targeted programs with athlete preparation in bring together a winning equation for future Olympic and the daily training environment. This year’s SPIN Summit Paralympic Games. The results will not only impact podium had a variety of sessions devoted to the Paralympic performances but will also contribute to placing world class athlete including workshops on wheelchair biomechanics sport scientists into the daily training environment assisting and plenary sessions focusing on the importance of an our Paralympic and Olympic programs. OTP is currently individualized approach to Paralympian’s health and injury supporting four PhDs and four Post Doctoral Fellowships prevention. with a new group of five to begin next year.

In March of 2016, OTP also brought together 70 sport scientists from the COPSI Network for collaborative sport science skill development. This three-day workshop, with generous partnership support from the Government of Ontario, focused on identifying the emerging role that integrated support teams (IST) provide for OTP’s Gold Medal Profile initiative.

Working creatively with the Sport Information Resource Centre, Own the Podium led the development of three new issues of the ‘High Performance SIRCuit’ which captures the essence of merging the art of coaching with the science of sport. These issues, along with the entire collection started in 2010, can be viewed at www.sirc.ca/hpsircuit.

Innovations 4 Gold Campaign Innovations 4 Gold (I4G) is Own the Podium’s applied sport research program supporting competitive advantage initiatives in proactive sports medicine, human performance and sports engineering. I4G supports research projects, which are helping Canada win more medals at the Summer and Winter Olympic and Paralympic Games. The I4G initiative has come to fruition via significant contributions from , the COC, the COF, the CPC, and corporate Canada (Canadian Tire) to ensure that our country is poised for continued success in high performance sport.

Next Generation of Applied Sport Researchers: OTP-MITACS Through unique research and training programs, MITACS is developing the next generation of Canadian innovators with vital scientific and business skills. In partnership with companies, government and academia, MITACS is Annual Report 2015-2016 19 ORGANIZATIONAL EXCELLENCE As a National non-profit organization that benefits from public and private sector financial support, Own the FUNDING PARTNERS Podium recognizes that it must constantly review and update its policies, practices and norms of behaviour in order to maintain the trust and respect of its partners. While our ultimate goal is to improve the depth of Canada’s athlete pool and podium performances, OTP is committed to ensuring that it harnesses the necessary quality leadership and best business practices to deliver on Organizational Excellence. OTP’s focus on Organizational Excellence spreads through all areas of the enterprise starting with the dedication and commitment of our volunteer board and committee members, to the experienced and seasoned professional staff. In order for us to achieve our vision for Canada to be a world leader in high performance sport at the Olympic and Paralympic Games, OTP is committed to continuous improvement in its human resources management, its financial stewardship, its governance practices and its partner relations. A few examples of how OTP has lived up to this commitment in 2015-16 are described below.

Highlights for 2015-16: • OTP updated its Strategic and Operational Plans in order to offer more clarity on its purpose and improve and strengthen accountability for results; • completed several open staffing actions to complement OTP’s professional staff team with quality individuals committed to our mandate; • updated key internal policies (including harassment and abuse) in order to remain current with accountability requirements as well as best practices in the non-profit sector; • provided prudent financial management by transferring operating savings to NSO and CSI programs while maintaining open and transparent financial reporting; • implemented a performance management system with clear goals, professional development plans, regular feedback and year-end performance reviews; • conducted regular staff engagement events to build a culture of trust and constant communication; • strengthened partner relations with key stakeholders including the COPSI Network, Sport Canada, the COC and the CPC; and • developed an Information Technology upgrade plan and initiated the implementation process.

20 Annual Report 2015-2016 John Furlong Chair, Own the Podium Mac Marcoux Para-Alpine / B3 (Visually Impaired) 2015 World Cup Finals Double Gold Medalist / 2016 World Cup Downhill and Super G Champion

Janet McLachlan Gold medal at 2014 Women’s World Wheelchair Basketball Championships, Toronto

Photo Credit: Wheelchair Basketball Canada / Phillip MacCallum FUNDING REPORT NSO and CSC/CSIs Funding year ended March 31, 2016 This report summarizes Own the Podium’s recommendations to funding parties who distribute funds directly to National Sport Organizations and the Canadian Sport Centres / Canadian Sport Insitutes.

Source of Funds Sport Canada $61,100,000 COC - NSO and CSC/CSIs $5,573,666 COC - Olympic Legacy Coaching Fund $400,000 CPC $100,000 Total $67,173,666

Distribution of Funds NSO - Winter $20,633,666 NSO - Summer $36,290,000 NSO - Team $5,600,000 NSO - Olympic Legacy Coaching Fund $400,000 (Winter) Total NSO Funding $62,923,666

CSC/CSIs Funding $4,250,000

Total $67,173,666

Source of Funds

Canadian Olympic Committee 8%

91% Sport Canada Sport Canada COC - NSO and CSC/CSIs COC - Olympic Legacy Coaching Fund CPC

Annual Report 2015-2016 23 INDEPENDENT AUDITOR’S REPORT To the Board of Directors of Own the Podium Deloitte LLP 1600 - 100 Queen Street Ottawa ON K1P 5T8 We have audited the accompanying financial statements of Own the Podium, which Canada comprise the balance sheet as at March 31, 2016, and the statements of revenue and expenses, changes in net assets and cash flows for the year then ended, and a summary of Tel: (613) 236-2442 significant accounting policies and other explanatory information. Fax: (613) 236-2195 www.deloitte.ca Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Own the Podium as at March 31, 2016, and the results of its operations and its cash flows for the year then ended in accordance with Canadian accounting standards for not-for-profit organizations.

Chartered Professional Accountants, Chartered Accountants Licensed Public Accountants

22 July, 2016

24 Annual Report 2015-2016 AUDITED FINANCIAL STATEMENTS Balance Sheet as at March 31, 2016

CURRENT ASSETS 2016 2015 Cash $ 1,251,933 $ 2,923,484 Short-term investments (Note 4) - 344,938 Accounts receivable 1,025,063 27,149 Prepaid expenses 67,591 39,261 $2,344,587 $3,334,832

Investments (Note 4) $2,313,294 $2,062,433 Capital Assets (Note 5) 101,244 48,063 $4,759,125 $5,445,328

CURRENT LIABILITIES 2016 2015 Accounts payable and accrued liabilities $253,686 $993,972 $253,686 $993,972

Commitments (Note 7)

NET ASSETS Invested in capital assets $101,244 $48,063 Internally restricted (Note 8) 104,195 - Unrestricted fund 4,300,000 4,403,293 $4,505,439 $4,451,356

$4,759,125 $5,445,328 See accompanying notes to the financial statements

Annual Report 2015-2016 25 AUDITED FINANCIAL STATEMENTS Statement of Revenues and Expenses for the year ended March 31, 2016

REVENUES 2016 2015 Government of Canada $3,000,000 $3,000,000 Canadian Olympic Committee (Note 3) 2,761,200 3,058,295 In-kind contributions (Note 9) 697,820 127,900 Government of Ontario 555,000 555,000 Canadian Paralympic Committee 400,000 400,000 Sponsorships 25,000 55,500 Investment Income 11,331 161,058 Other - 250,000 $7,450,351 $7,607,753

EXPENSES 2016 2015 Projects Sports Science, Medicine, Innovation $2,517,524 $2,470,774 System Excellence 615,588 550,454 Podium Excellence 568,972 761,723 $3,702,084 $3,782,951

Organizational Excellence Salaries and benefits $2,625,311 $2,541,167 Staff travel 511,375 513,165 General administration 288,163 310,905 Business systems - Database, IT 136,626 138,220 Communications 60,314 65,778 Governance 50,903 48,628 Amortization 21,492 36,380 $3,694,184 $3,654,243

Total expenses $7,396,268 $7,437,194

Excess of revenues over expenses $54,083 $170,559 See accompanying notes to the financial statements

26 Annual Report 2015-2016 AUDITED FINANCIAL STATEMENTS Statement of Changes in Net Assets year ended March 31, 2016

INVESTED IN INTERNALLY CAPITAL RESTRICTED UNRESTRICTED 2016 2015 ASSETS (Note 8) Balance, beginning of the year 48,063 - 4,403,293 4,451,356 $4,280,797 Excess of revenue over expenses - - 54,083 54,083 170,559 Amortization of capital assets (21,492) - 21,492 - - Acquisitions of capital assets 74,673 - (74,673) - - Internal restriction (Note 8) - 104,195 (104,195) - - Balance, end of the year $101,244 $104,195 $4,300,000 $4,505,439 $4,451,356 See accompanying notes to the financial statements Statement of Cash Flows year ended March 31, 2016

OPERATING ACTIVITIES 2016 2015 Excess of revenues over expenses $54,083 $170,559 Item not affecting cash Change in unrealized gains on investments 42,356 (103,017) Amortization of capital assets 21,492 36,380 117,931 103,922

Changes in non-cash operating working capital items: Accounts receivable $(997,914) $91,049 Prepaid expenses (28,330) (33,409) Accounts payable and accrued liabilities (740,286) (505,720) $(1,648,599) $(344,158)

INVESTING ACTIVITIES 2016 2015 Net dispoal (purchase) of investments $51,721 $(2,304,354) Acquisition of capital assets (74,673) (12,387) $(22,952) $(2,316,741)

NET CASH INFLOW (OUTFLOW) (1,671,551) (2,660,899)

CASH, BEGINNING OF YEAR 2,923,484 5,584,383

CASH, END OF YEAR $1,251,933 $2,923,484 See accompanying notes to the financial statements

Annual Report 2015-2016 27 NOTES TO AUDITED FINANCIAL STATEMENTS 1. DESCRIPTION OF ACTIVITIES AND STATUS or receivable, if the amount to be received can be reasonably 8069557 Canada Association operating as Own the Podium estimated and collection is reasonably assured. (the “Organization”) was incorporated under the Not-For-Profit Corporations Act (NFP Act) on March 13, 2012. The Organization The Organization accounts for contributed materials and in-kind is a registered not-for-profit organization and commenced services, when a fair value can be reasonably estimated and operations on April 1, 2012. As a not-for-profit organization under when the materials and services are used in the normal course of the Income Tax Act, the Organization is exempt from income tax. operations and would otherwise have been purchased.

The purpose of the Organization is to provide technical support Capital assets to national sport organizations with the aim of delivering Capital assets acquired by the Organization are recorded at cost. more Olympic and Paralympic medals for Canada. Own the Assets are amortized on a straight-line over their estimate useful Podium prioritizes investment strategies by making funding lives as follows: recommendations using evidence based, expert driven, targeted Furniture and equipment 5 years and collaborative approach. Computer equipment and software 3 years Leasehold improvements Term of the lease 2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Acquisitions of capital assets for research and development are These financial statements are prepared in accordance with Part charged to operations at the date of acquisition. During the year III of the Chartered Professional Accountants of Canada (“CPA”) $74,673 (2015 - $48,810) was expensed. Handbook, Accounting standards for not-for-profit organizations. Foreign exchange The Organization also applies the standards for private Monetary assets and liabilities are translated at the rate in effect enterprises in Part II of the CPA Handbook to the extent that Part at the balance sheet date. Revenue and expenses are recorded II standards address topics not addressed in Part III. Significant at the rate in effect at the date the transaction occurs. Gains accounting policies include the following: and losses on foreign exchange transactions are recorded in the statement of revenue and expenses when they arise. Financial instruments Financial instruments consist of cash, investments, accounts Use of estimates receivable, and accounts payable and accrued liabilities. The preparation of financial statements requires management to make estimates and assumptions that affect the reported All financial assets and financial liabilities are initially recorded amounts of assets and liabilities and disclosures of contingent at fair value. Subsequently, financial assets and liabilities are assets and liabilities as at the date of the financial statements and measured at amortized cost with the exception of cash and the reported amounts of revenues and expenses during the year. investments which are measured at fair value. Changes in fair The main estimates used include the useful lives of capital assets value are recognized in the statement of revenue and expenses. and the amount of accrued liabilities. Actual results could differ from these estimates. The carrying values of accounts receivable, and accounts payable and accrued liabilities approximate their fair value due to their 3. RELATED PARTY TRANSACTIONS short-term nature. The fair value of investments is disclosed in The Organization is related to the Canadian Olympic Committee note 4. (COC) and the Canadian Paralympic Committee (CPC) by virtue of their nominations to the Board. Credit risk arises from the potential other parties will fail to honour their obligations. It is management’s opinion that the A Memorandum of Understanding (MOU) between the Organization is not exposed to any significant credit risk arising Organization, COC and the Canadian Olympic Foundation from its financial instruments. (COF) for funding exists for the period from April 1, 2013 to December 31, 2016. The total commitment is dedicated to the Related party transactions Organization’s operating and program funding in addition to Related party transactions in the normal course of operations are funding directed to National Sport Organizations and Canadian recorded at the exchange amount Sport Institutes. The total commitment is as follows:

Revenue recognition The Organization follows the deferral method of accounting for contributions. Restricted contributions are recognized as revenue in the year in which the related expenses are incurred. Unrestricted contributions are recognized when received and/ 28 Annual Report 2015-2016 NOTES TO AUDITED FINANCIAL STATEMENTS Quadrennial financial commitment $ *32,000,000 Investment Risks Best efforts from previous quadrennial 5,000,000 Investment in financial instruments renders the Organization Carry-forward balance from previous quadrennial 169,442 susceptible to the potential risks arising from changes in interest Total commitment $ 37,169,442 rates, in rates of exchange for foreign currency, and in equity mar- *Includes up to $8,000,000 in funding for operating expenses, contingent upon kets both domestic and foreign. They also include the risks arising matching Sport Canada’s operating support. from the failure of a party to a financial instrument to discharge its obligation when due. A 2014/15 contribution agreement with COC, dated September 29, 2014 (2014 - October 3, 2013) provided for up to $4,190,281 The Organization has adopted investment policies, standards and (2014 - $4,244,825) in operating and program funding on procedures to control the amount of risk to which it is exposed. as needed basis up to June 30, 2015. As at March 31, 2015, The investment practices of the Organization are designed to $3,058,295 (2014 - $3,160,998) in COC funding was recognized. avoid undue risk of loss and impairment of assets and to provide a reasonable expectation of fair return given the nature of the The 2015/16 funding usage and outstanding commitment are as investments. The maximum investment risk to the Organization is follows: equal to the fair value of the investments. Total quadrennial funding usage as of March 31, 2015 $ 19,251,957 Organization’s operating funding 1,629,200 Concentration risk Organization’s program funding 1,132,000 Concentration risk exists when a significant proportion of the Total funding recognized as revenue during the year 2,761,200 portfolio is invested in securities with similar characteristics or Total funding directed to NSOs and CSIs during the *5,438,666 subject to similar economic, political or other conditions. Man- year agement believes that the investment portfolio is well diversified. Total quadrennial funding usage as of March 31, 2016 27,451,823 Total outstanding commitment from COC/COF as of $ 9,717,619 Foreign currency risk March 31, 2016 Foreign currency exposure arises from the Organization’s holdings * This funding flows directly from COC/COF to the third parties, and as such it is of non-Canadian denominated investments in the mutual funds. not recorded as a revenue or expense of the Organization. The total maximum exposure as at March 31, 2016 is $1,309,007 In addition to related party transactions disclosed elsewhere in (2015 - $1,270,603). these financial statements, as at March 31, 2016, the Organiza- tion had a receivable of $930,600 from the COC (2015 – payable Interest rate risk owing to the COC of $302,082). Interest rate risk is the exposure of the Organization’s earnings that arises from fluctuations in interest rates. The Organization is 4. INVESTMENTS exposed to interest rate risk on its investments. The investments are summarized as follows: The bonds mature at face value on a staggered basis over the Cost Fair Value Cost Fair Value 2016 2015 next nine years (2015 - six years). Effective interest rates to matu- Bankers rity for these securities range from 1.25% to 4.80% (2015 - from acceptance $ - $ - $ 344,938 $ 344,903 0.62% to 2.41%). Mutual funds 1,309,007 1,259,897 1,270,603 1,185,072 The Bankers acceptance matured in 2015 and had an effective Canadian fixed interest rate of 0.84%. income 780,811 777,186 791,830 774,379 Miscellaneous 223,476 215,550 - - Total investments $ 2,313,294 $ 2,252,633 $ 2,407,371 $ 2,304,354

Cost Fair Value Cost Fair Value 2016 2015 Short term $ - $ - $ 344,938 $ 344,903

Long term 2,313,294 2,252,633 2,062,433 1,959,451 $ 2,313,294 $ 2,252,633 $ 2,407,371 $ 2,304,354

Annual Report 2015-2016 29 NOTES TO AUDITED FINANCIAL STATEMENTS 5. CAPITAL ASSETS Other than the new internal restriction, there have been no 2016 other changes to the management of capital. Accumulated Net Book Cost Amortization Value 9. IN-KIND CONTRIBUTIONS Furniture and During the year, $697,820 (2015 - $127,900) of in-kind contribu- $ 3,801 $ 2,009 $ 1,792 equipment tions were recognized for services contributed relating to Sports Computer equipment Science, Medicine and Innovation expenses. and software 71,376 17,676 53,700 Leasehold 73,291 27,539 45,752 10. COMPARATIVE FIGURES improvements Certain comparative figures have been reclassified to conform to $ 148,468 $ 47,224 $ 101,244 the current year’s presentation. 2015 Accumulated Net Book Cost Amortization Value Furniture and equipment $ 1,718 $ 1,031 $ 687 Computer equipment and software 24,499 7,143 17,356 Leasehold improvements 47,578 17,558 30,020 $ 73,795 $ 25,732 $ 48,063

6. RETIREMENT BENIFITS The Organization provides registered retirement saving plans to employees based on a percentage of gross salary. The employer’s contribution for the year was $117,435 (2015 - $98,472).

7. COMMITMENTS The Organization rents its premises and office equipment under various operating leases. The future minimum annual lease payment and amount required under the operating leases for the next four years of the leases are as follows: 2017 98,575 2018 97,497 2019 92,107 2020 38,378 $ 326,557 8. CAPITAL MANAGEMENT The Organization’s capital consists of net assets. The Organization’s objectives when managing capital are to fund working capital needs and to safeguard its ability to continue as a not-for-profit organization in an effort to carry out its mission. The Organization’s capital management framework is designed to ensure there is sufficient short- and long-term flexibility. A key objective is to maintain a financial structure that covers the equivalent of one year of operating expenses.

During the year, the Board of Directors approved internally restricting net assets for Podium Excellence Enhancement Projects (PEEP). This restriction applies to unrestricted net assets exceeding $4,300,000, which has been determined to be the equivalent of one year of operating expenses.

30 Annual Report 2015-2016 2015-16 SUPPORTED NATIONAL ORGANIZATIONS Canada Athletics Canada Canada Basketball Alpin Tir à l’Arc

Biathlon Canada Bobsleigh Canada Boccia Canada Boxing Canada Skeleton

Curling Canada Canadian Luge Canada Canada Freestyle Ski Snowboard Association

Canada Soccer Canadian Canoe Kayak Cross Country Wheelchair Sports Canada Canada Association

Cycling Canada Diving Plongeon Field Canada

Gymnastics Hockey Canada Rowing Canada Canada Aviron

Rugby Canada Skate Canada

Speed Skating Swimming Canada Synchro Canada Taekwondo Canada Canada

Tennis Canada Triathlon Canada Volleyball Canada Water Polo Canada

Wheelchair Wrestling Canada Basketball Canada

Annual Report 2015-2016 31 Calgary 85 Canada Olympic Road SW Calgary, Alberta T3B 5R5 T: 403-202-6300 www.anouslepodium.org