Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.

Trending Topics

Get the MTL Blog app

Download on the App StoreGet it on Google Play

This Is How Much Money Quebec Medal Winners Can Expect To Take Home From The Olympics

The Canadian Olympic Committee pays bronze, silver and gold medalists.

The Tokyo 2020 Olympics are in full swing, and Team Canada has bagged 12 Olympic medals so far, including three gold medals.

The International Olympic Committee does not pay athletes for attending or winning medals at the Olympic Games — but Team Canada's athletes can be offered cash prizes from an official Canadian Olympic Committee fund.

The Canadian Olympic Committee's Athlete Excellence Fund (AEF) awards athletes who win gold, silver and bronze medals for Team Canada.

What's more is that the AEF doesn't have a cap for eligible athletes — if an athlete wins more than one medal, they're awarded the cash prize that matches it, regardless of whether they won the medal for a team sport or individually.

Gold medal winners receive $20,000 per medal, silver medal winners receive $15,000 per medal, and bronze medalists receive $10,000 per medal.

Outside of the Olympics, the AEF also offers $5,000 in funding for World Championships to support athletes' cost of living, training and competition expenses.

For the Tokyo 2020 Olympics, Rimouski weightlifter Maude Charron is eligible for the $20,000 prize after winning a gold medal in the women's 64-kilogram competition.

Montreal divers Jennifer Abel and Mélissa Citrini-Beaulieu can also each be awarded the $15,000 prize for gaining a silver medal during the women's 3-metre synchronized springboard final.

Catherine Beauchemin-Pinard — who hails from Montreal — is eligible for the $10,000 prize after snagging a bronze medal in women's judo.

More from MTL Blog

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.

Loading...