Own The Podium crashes and burns

By QMI Agency


Like Canadian speed skater Kalyna Roberge (above), Canada's Own The Podium initiative has come tumbling down at the 2010 Vancouver Winter Olympics. (ANDRE FORGET/QMI Agency)

Canada has been outbid in its effort to Own the Podium — and the country's Olympic officials are finally admitting as much.

With the U.S. Olympic team already at 24 medals and pulling away, the head of the Canadian Olympic Committee admits that, with seven days left in the Vancouver Games, there's no chance Canada will finish first in the medal count.

But Chris Rudge also said the COC's goal is to capitalize on remaining medal chances and examine the shortcomings after the Games are done.

As of Monday, Canada sits in fourth with nine medals.

The Own the Podium initiative was started with the goal of leading the medal count in Vancouver. It cost $117 million, of which $66 million was reportedly tax money.


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