Good afternoon, Madam Chair and honourable committee members.
In 2012 our women's national team stunned the Olympic podium when they won bronze in London after finishing in last place in the 2011 Women's World Cup.
In 2015 Canada was host to the Women's World Cup, which put a spotlight on soccer in our country in a way we had never seen before. Victor Montagliani called it “a watershed moment for Canadian soccer”. In its 2015 annual report, Canada Soccer boasted a 26% increase in total revenues, including a 56% increase in sponsorship revenue.
In 2016 we were back on the podium, with bronze around our necks again, moving our team into FIFA's top five ranking for the first time ever. This time Canada Soccer saw a 15% increase in sponsorship revenue. Soccer in Canada was big, and anybody who was paying attention knew it.
Only two short years later, in 2018, we were one year away from the next Women's World Cup. This was a huge year for Canada Soccer. In June 2018 Canada won the bid to be one of the host countries for the 2026 FIFA Men's World Cup.
As players, we all know what hosting a World Cup means and the unmatched potential for upside, yet, despite this amazing trajectory, it has been widely reported that Canada Soccer entered into a very long-term agreement with a private company called Canadian Soccer Business, or CSB. We understand that this agreement gives CSB sponsorship and broadcast rights for both the men's and women's national teams, potentially until 2037. In return, Canada Soccer receives an agreed-upon fixed amount of money from CSB each year.
This means that no matter how well the CSB does in selling the national teams' sponsorship and broadcast rights, no matter how much money it makes, Canada Soccer receives those same agreed-upon amounts. This was our own association blatantly betting against the success of its national teams.
We don't know why Canada Soccer made this deal. Either it had no idea it was a terrible deal for Canada Soccer or it knew it was a terrible deal and did it anyway. Either option is unthinkable.
In August 2021 we became world champions, Olympic champions and gold medallists. Then our men's team qualified for the World Cup for the first time in 36 years. Sponsors, it seemed, came knocking in droves—Gatorade, CIBC, Carlsberg, Degree, TikTok and the list goes on and on. This was Canada Soccer's moment.
Imagine our complete shock, then, at learning last year that Canada Soccer would see none of the financial upside of this excitement and engagement, that it had given it away to a third party that runs and funds a domestic men's league, and that our success is the engine driving a business that is not promoting the women's game in our country.
This would be tough news for anyone to swallow in any circumstance, but it was impossible for us not to take action when we learned what Canada Soccer's financial constraints meant. Here we are, less than six months from our Women's World Cup, and we will not even be given the resources to properly prepare for our World Cup and our Olympic qualifications.