Sport in Nova Scotia - Nova Scotia News - TheChronicleHerald.ca
Shared by nfontanet
I agree with the point this paragraph is showing.A lot of these sport activities we have today are possible because of the buisness support they receive.The money they receive is important and there progression wouldn't be possible without it.Obviously Canada is on top of that priority since they give sport and recreation organizations approximately 900 million dollars
The resources the business sector make available to sport every year are substantial. Canadian sport and recreation organizations receive 15 per cent of their revenue in the form of corporate sponsorships, donations and grants, according to a 2006 Imagine Canada study. This amounts to approximately $900 million for sport and recreation organizations every year in Canada. The report also tells us that more than half (55 per cent) of all sports and recreation organizations report annual revenues of less than $30,000. Clearly, business support is vital and the sport opportunities that exist in our province today would not be possible without it.