Nearly 200 Canadian athletes are cashing in on medals won at the Tokyo and Beijing Games thanks to a sizable donation from a Canadian entrepreneur.
Sanjay Malaviya, a Canadian healthcare technology entrepreneur, is giving $1.2 million to support Team Canada athletes, meaning 130 Olympians and 53 Paralympians who won medals at their respective Tokyo and Beijing Games will receive $5,000 each.
“Canadian Olympic and Paralympic athletes have inspired and united us during a very difficult time,” Malaviya said in a statement. “It’s an honour to be able to celebrate their achievements and invest in their future.”
For Canadian Olympians, the $5,000 will be added
