Category — Canada

For the first time in its history, Canada will be awarding monetary incentives to its Olympic medal winners. From CBC:

A gold medal will be worth $20,000, a silver worth $15,000 and a bronze $10,000.

This would be the highest we’ve tracked so far. But we’ve only tracked four countries so far so maybe its not the time yet to make valid comparisons. Do check out what Malaysian, Azerbaijani, and Palestinian athletes receive as assistance/incentive in the links below.

Update: A listing of financial incentives to Olympic athletes from different countries is published at How Much Money Do Olympians Make.

Related:
The Money Report: Malaysia’s Incentives for Olympic Medalists
The Money Report: How Much Do Malaysia’s Olympic Athletes Make?
Money Stuff: Incentives for Azerbaijani Olympic Medalists
Palestine: How Much Money Do Olympians Make?

Our condolences to the family of Harry Gerris, a Canadian wrestler who participated in three Olympiads (Mexico 1968, Munich 1972, and Montreal 1976).

Geris also represented Canada at the Pan-American Games, the Commonwealth Games and the World Cup, winning bronze medals at all three events.

Here’s the report about Harry’s death from the Toronto Star:

Harry Geris – a three-time Olympian known as the Gentle Giant of Canadian wrestling – has died at the age of 60 in London, Ont.

His body was found by a construction worker Thursday behind a high school where he was delivering wrestling mats for a tournament.

[Read more →]