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Hockey Canada puts 65% of player premiums in controversial National Equity Fund – National


Canadian Hockey revealed that over 65% of player premiums go to the organization National Equity Fund.

In a letter to congressman Peter Julian obtained by The Canadian Press, Hockey Canada’s president and chief executive officer, Scott Smith, provided details on how registration fees and insurance are distributed.

General liability insurance ($8.90), directors and officers insurance ($2) and safety/administration ($2.75) are allocated to the National Equity Fund and constitute $13.65 of the $20.80 premium is paid.

The incident said general liability insurance would be used to settle sexual misconduct claims, although Hockey Canada has since said the reserve fund would no longer be used for that purpose.

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Accidental death and disability insurance ($5.15) and medical and dental insurance ($2) make up the remainder, and are paid into the health and welfare trust.

The total coverage that makes up the bulk of the total application fee is $23.80, with the remaining three dollars coming from appraisal and registration fees.

Smith responded to an August 22 letter from Julian in which the member of the House heritage committee called on Hockey Canada to lack transparency about the use of registration fees.

“Hockey parents across the country deserve to know exactly how their registration fees are spent,” says Julian.

The National Equity Fund has placed Hockey Canada under closer scrutiny since the organization confirmed its existence in a statement on July 19 and said it was being used to settle complaints. about sexual misconduct.

Hockey Canada said the next day that it would no longer be used to settle sexual assault claims.

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At a congressional hearing on July 27, Hockey Canada’s chief financial officer Brian Cairo said the regulator used the fund $7.6 million settlement in nine sexual assault-related settlements and claims of sexual abuse since 1989.

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That figure does not include the undisclosed amount of a 2018 payment from an alleged sexual assault involving players from that year’s world youth team.

Julian also posed questions regarding the perks and luxury accommodation offered to board members. Smith said expenses allowed under management’s travel and expenses policy including airfare, accommodation, meals and ground travel are regularly reviewed to ensure they are appropriate.

The MP said he received information about the expenses from a former board member, who chose to remain anonymous. These include dinners starting at $5,000 north for the board of directors, as well as accommodations over $3,000 per night “such as the presidential suite at Harbor Castle (Westin) in Downtown Toronto.” “.

“We cannot speak to the information you received about a specific dinner or accommodation as it did not come from Hockey Canada, but we do not believe it to be accurate,” Smith replied.


Click to play video: 'Canadian hockey: 'The whole world is watching', sports minister warns amid sexual assault allegations'







Hockey Canada: ‘The whole world is watching,’ Sports Minister warns amid sexual assault allegations


Hockey Canada: ‘The whole world is watching,’ sports minister warns amid sexual assault allegations – July 26, 2022

© 2022 Canadian Press





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