Canada Awards Sochi Bonuses

(ATR) Athletes and coaches received $1.8 million for their efforts at the Sochi 2014 Olympics.

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Opening Ceremony: 2014 Winter Olympics: Canada ice hockey player and national flag bearer Hayley Wickenheiser during Parade of Nations at Fisht Olympic Stadium.
Sochi, Russia 2/7/2014
CREDIT: Al Tielemans (Photo by Al Tielemans /Sports Illustrated/Getty Images)
(Set Number: X157604 TK2 R1 F334 )
Opening Ceremony: 2014 Winter Olympics: Canada ice hockey player and national flag bearer Hayley Wickenheiser during Parade of Nations at Fisht Olympic Stadium. Sochi, Russia 2/7/2014 CREDIT: Al Tielemans (Photo by Al Tielemans /Sports Illustrated/Getty Images) (Set Number: X157604 TK2 R1 F334 )

(ATR) Athletes and coaches received $1.8 million for their efforts at the Sochi 2014 Olympics.

The funds come from the Canadian Olympic Committee’s Athlete Excellence Fund and Coach Reward Program. The Royal Bank of Canada presented checks to the athletes and coaches at the Hilton Lac-Leamy in Gatineau, Quebec.

"This support is an added reward after all the hard work and grueling hours spent training on the ice," said Caroline Ouellette, four-time Olympic gold medalist, said at the banquet.

RBC gave athletes $20,000 for winning a gold medal, $15,000 for silver, and $10,000 for bronze. Performance grants of $5,000 are also awarded during non-Olympic years.

"Thank you to my coach for all of their support and to RBC for this generous gift. It means the world to me."

Written by Aaron Bauer

20 Years at #1: Your best source of news about the Olympics is AroundTheRings.com, for subscribers only.

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