Audited Financial Statements

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Audited Financial Statements OWN THE PODIUM ANNUAL REPORT 2015-2016 To be a world leader in high performance sport at the Olympic and Paralympic Games VISION For Canada 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 Pan American Games Gold Medalist 19 Sport Science, Medicine, Research and Innovation Excellence Aurélie Rivard 20 Organizational Excellence Para-Swimming 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 Rugby Sevens 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 Olympic Games, Canadian athletes are poised to surpass the medal results achieved in the 2012 London 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
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