Thank you, Mr. Chairman and members of the committee.
I'm Barry Heck, president and CEO. I'm here with my colleague, Dr. Stephen Norris, vice-president of sport and leader of our winter sports institute.
WinSport is the operating or brand name of the Calgary Olympic Development Association, or CODA. Our origin is from the 1988 Calgary Winter Olympics. We were transferred the legacy assets at Canada Olympic Park in Calgary. Those assets were transferred to us by the Canadian government following the 1988 Winter Olympics. These assets have been owned and operated by us since the 1988 Olympics.
We've recently undergone a very significant renewal and expansion of our facilities, including the completion of a new $200 million-plus world-class, world-leading, multi-use facility. This facility comprises four hockey arenas, a professional building, conference facilities, and the crown jewel: a new high-performance training centre that is now the home to many of Canada's Olympic athletes.
The federal government contributed $40 million to the capital of that project. As I said, the total capital was in excess of $200 million. The Province of Alberta also contributed to the extent of $69 million, and the City of Calgary $20 million. The balance of about $76 million was funded by WinSport itself.
WinSport is Canada's leading winter sports institute. We are on our way to becoming the world's leading winter sports institute, which is precisely what our vision is.
Our mission is to provide excellence in winter sports facilities and training for Canadian athletes to discover, develop, and excel through a sustainable business model. That's very important. We receive no government funding for our ongoing operations.
I'll now turn it over to my colleague, Dr. Norris, to speak further about what WinSport does and the important role we play in helping and supporting Canada's Winter Olympics athletes.